Broadcast Retirement Network’s Jeffrey Snyder and Redwood Consulting Solutions’ Snezana Zlatar have discussed the latest survey findings and recommendations to improve financial education across the life cycle. The survey surveyed over 3,000 high school students, college students, and new employees to assess their knowledge, behaviors, and confidence around financial literacy. The researchers found that both high school and college students lag in terms of their knowledge and that nearly half of them have lower levels of financial literacy, meaning they cannot answer basic questions related to financial literacy well and correct. However, new employees found a significant improvement in their knowledge. The research also highlighted disparities in financial literacy among students who rely heavily on their parents for advice. The SPARK Institute and the Financial Literacy Committee have also issued a white paper called Investing in Financial Literacies Today for Tomorrow, highlighting a framework for financial literacy in the 21st century.