In the News

Title

Barely A Quarter Of Americans Are Financially Literate

Document Type

Article

Publication Date

4-2-2017

Abstract

Americans approaching retirement-age may be ready to kick back and enjoy their golden years, but the vast majority of them cannot pass a basic financial literacy exam.

Nearly three-quarters of Americans in retirement-age failed a financial literacy exam on how to make their savings last through retirement, according to an online survey conducted by The American College of Financial Services.