Most Americans Illiterate Regarding Retirement Income Planning
David A. Littell, Jamie Patrick Hopkins
On the whole, Americans might seem to be among the best-educated individuals in the world. Yet, when it comes to matters related to retirement income needs, the vast majority is fairly clueless.
Indeed, in what is possibly the first extensive Retirement Income Literacy study, most Americans near or at retirement age failed a very basic quiz on how to make their nest eggs last.
Weldon, David, "Most Americans Illiterate Regarding Retirement Income Planning" (2015). In the News. 129.