In the News

Title

Americans need crash course in retirement economics

Document Type

Article

Publication Date

12-12-2014

Abstract

A new study finds that most Americans know precious little about the financial aspects of retirement.

The American College of Financial Services randomly surveyed people aged 60 to 75 with assets exceeding $100,000 (excluding their home) regarding retirement issues. According to David Littell, director of the retirement income certified professional program at the American College, most "do not have a solid grasp of these issues."