Building a Financially Capable America Through Education and Research

New research from the FINRA Foundation and researchers at the Rush University Medical Center and the Wharton School of the University of Pennsylvania used data from more than 1,000 older adults collected over 12 years to assess whether men and women experience different rates and probabilities of decline in financial and health literacy. 

The research highlights the Top 10 states in terms of financial knowledge and shows that U.S. adults’ knowledge about inflation has increased since 2021.

This brief from researchers at the FINRA Foundation, the University of Minnesota, and RTI International finds that engaging in everyday activities—such as opening junk mail, answering unknown calls, and interacting with telemarketers—is tied to a greater likelihood of fraud victimization among older adults.