Using the Wisconsin Longitudinal Study, Pamela Herd and Karen Holden examine the links between early-life cognition and schooling experiences and late-life financial literacy.  We find that early-life cognition, especially for those with very low IQ scores, and schooling have a relationship with late-life financial literacy.  If the trend continues towards very individualized retirement planning, with defined contribution … Continue reading Early-Life Schooling and Cognition and Late-Life Financial Literacy in the Wisconsin Longitudinal Study