Thank you for sharing!

Your article was successfully shared with the contacts you provided.
collage of head shots of various generations of people (Photo: Shutterstock)

The U.S. population now spans five generations of adults, ranging from Gen Z adults born as recently as 2002, to those in the Silent Generation, born in 1945 or earlier – with millennials, Gen X, and boomers in between. Each generation exhibits varying degrees of financial literacy. So which generation is the most financially literate?

According to the 2021 TIAA Institute-GFLEC Personal Finance Index, “Unfortunately, low levels of financial literacy are common among each generation of U.S. adults. This is problematic across life stages since significant financial decision-making occurs across life stages.”

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.