Retirement planning is a difficult task for many people in the U.S. and as studies by the National Institute on Retirement Security show, about 38 million working-age households do not have any retirement savings. Various tactics to increase participation in retirement savings in the workplace have been employed, such as tax subsidies and automatic defaults. … Continue reading J. Michael Collins and Carly Urban Publish Paper on Retirement Planning in Economic Inquiry
Working Papers
MyBudgetCoach Pilot Study: Final Report and Summary Brief
This pilot study explores the delivery and effectiveness of MyBudgetCoach (MyBC), a financial coaching program designed to help low- and moderate-income adults develop budgeting skills, set financial goals, and work towards those goals. This study compares two modes of program delivery: in-person coaching and fully remote coaching. By testing financial coaching in these two contexts, … Continue reading MyBudgetCoach Pilot Study: Final Report and Summary Brief
State-Mandated Financial Education: A National Database of Graduation Requirements, 1970-2014
With support from the FINRA Investor Education Foundation, researchers from Montana State University and the Federal Reserve Board created a new database of state-mandated high school personal finance and economics education requirements, spanning the years 1970 through 2014, for all 50 states. The database provides unprecedented detail about state financial education standards, as well as … Continue reading State-Mandated Financial Education: A National Database of Graduation Requirements, 1970-2014
University of Wisconsin-Madison Center for Financial Security 