Financial illiteracy and underinsurance have been revealed to be critical issues in the
financial sustainability and well-being of families. However, studies show that financial …

Financial illiteracy is widespread amongst the elderly. Financially illiterate people are more
likely to experience asset loss and outlive their savings after retirement. This paper …

Consumption behaviour and financial literacy are primary factors in determining the financial
well‐being of retirees. This paper uses an existing financial literacy index to examine how …

This article analyses how the financial literacy of elderly people affects their decisions on the
adoption of various financial strategies. Multiple mediator models with bootstrap techniques …

Australian government and organizational age-management policies continue to target
employment participation among older workers in light of an aging population. Typically …

This paper examines the impact in Australia of the global financial crisis on the baby boom
cohort approaching later life. Data from national focus groups of people aged 50 to 64 years …

Objective The aim of the present study was to explore the impact of the COVID‐19 pandemic
on the financial well‐being of older Australian retirees. Methods Thirty Australian retirees (16 …

While financial literacy is crucial in improving the population's financial well-being, its
effectiveness can be enhanced by exposure to financial information. This paper investigates …

To plan for retirement, it is important to understand how needs and purchases may change.
We use data from a survey of elderly Australians to see how needs and purchases changed …

Population ageing is accelerating, posing threats to global sustainable development. With
longer life expectancy comes the need for sufficient financial resources to maintain living …