National Financial Capability Study

"The National Financial Capability Study (NFCS) is a project of the FINRA Investor Education Foundation (FINRA Foundation)."  Designed to measure perceptions, attitudes, experiences, and behaviors on a wide variety of topics. The largest component of the NFCS, the State-by-State Survey, is conducted across a large, diverse sample in order to provide a comprehensive analysis of the financial capability of the national population as a whole. As such, the breadth of subject areas covered in the State-by-State Survey necessarily limits the depth to which any individual subject can be explored, particularly in areas such as investing outside of retirement accounts, which applies to only a minority of the population. To provide more insight on investing decisions, a separate follow-up survey of investors was conducted as part of the NFCS. Also includes a Military Survey to measure financial literacy of active duty and reserve components.