Today’s consumers have to manage increasingly complex financial issues. From student loans, credit card and other debt, and managing increased health care costs to retirement savings and addressing the financial risks in retirement, there are more financial balls in the air for consumers to juggle. Secure Retirement Institute research shows higher financial knowledge leads to a greater likelihood of saving for retirement and better outcomes.
Why Is Financial Literacy So Important?
In This Episode
LIMRA Research Director Alison Salka, Ph.D. and Jamie Ohl, executive vice president and president of Retirement Plan Services for Lincoln Financial Group, discuss the consequences of consumers' lack of knowledge around financial products and services and how the Secure Retirement Institute is working to improve financial literacy.
About LIMRA Unplugged
LIMRA Unplugged is a video podcast series designed to explore issues and trends within the financial services industry. The series combines LIMRA research with real-world insights to offer an in-depth understanding about market challenges and opportunities.
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