Faculty Publications

5 Surprises of Retirement Income Planning

David Littell, The American College

Abstract

As older Americans move into retirement, they face many decisions. Retirement income planning — making a plan to coordinate these decisions to ensure enough income to pay the bills and prepare for uncertainty — is critically important. But Americans may not be as knowledgeable as they should be to face these decisions. Only 20 percent passed The American College’s recent Retirement Income Literacy Quiz.