When it comes to managing retirement savings, confusion reigns
A new study by TIAA found that many Americans have a misplaced sense of confidence with regard to how they are saving and planning for retirement. According to the 2016 TIAA Lifetime Income Survey, 54% of the respondents did not know how much they currently had saved for retirement.
Hopkins, Jamie Patrick, "When it comes to managing retirement savings, confusion reigns" (2016). Faculty Publications. 608.