In the News

Title

Americans Fail Retirement Planning Literacy Quiz, Low Literacy Linked to Poor Planning

Document Type

Article

Publication Date

5-8-2017

Abstract

Americans nearing and in retirement don’t know enough about retirement income planning according to a new survey by The American College of Financial services, as roughly 75% of survey respondents failed the 38-question retirement planning quiz. (The quiz can be taken here.) The research surveyed a total of 1,244 Americans between February 16, 2017 and March 1, 2017.