in turn, any for retirement is a powerful predictor of what the chelation. a positive reinforcing cycle. there,e statistics people plan for retirement have more than doubled the wealth of people who do not plan. conversely, people with a lower degree of financial literacy tend to borrow more interestingly less wealth and select investments with higher peers. a downward spiral. folks with a lower degree of financial literacy are less likely to invest in stocks and more likely to experience difficulty with debt and less likely to know the terms of their mortgages and other loans. national jubilee study has shown that financial literacy rates among americans are low with the but those lowest rates are african-americans and hispanics. the study showed that financial literacy is -- has declined slightly which is disturbing with americans having increasing responsibility to it secure their financial security. dour and sobering assessment of where we are today. about what we can do to make this a better story. possiblee that it is to prepare people at all income le