In the News

Title

Retirement literacy continues to lag among older employees

Document Type

Article

Publication Date

5-23-2017

Abstract

Retirement planning literacy remains low, even among older, wealthier people with good educations who say they know a lot about retirement planning, according to the 2017 RICP Retirement Income Literacy Survey Report produced by The American College New York Life Center for Retirement Income.

A total of 1,244 Americans were given a 38-question survey earlier this year to gauge their financial and retirement planning literacy.