The aging population is facing a financial literacy crisis that jeopardizes economic stability as seniors struggle with complex financial decisions. As financial literacy declines, especially among women, the consequences extend beyond households, affecting public safety nets and economic growth. Policymakers and fintech innovators are urged to address these gaps through education and supportive tools to transform this demographic challenge into an opportunity for economic resilience.
financial-literacy ✓
+ aging-population
retirement-planning ✓
fintech ✓
economic-stability ✓