62% of retirement-age Americans can't answer this question about retirement
The American College New York Life Center for Retirement Income
Perhaps one of the reason so many Americans are unprepared for retirement is because there is a lot of confusion around the subject.
When The American College of Financial Services conducted a 38-question retirement literacy quiz, three out of four retirement-age Americans failed the test
Elkins, Kathleen, "62% of retirement-age Americans can't answer this question about retirement" (2017). In the News. 2203.