A recipe for future retirement security
David A. Littell
When the American College of Financial Services released the results of its first-ever “Retirement Income Literacy Survey” last December, I dutifully reported the astounding results: Just 20% of retirement-age Americans can pass a basic quiz on how to make their nest eggs last throughout retirement.Then I took the 38-question quiz. Frankly, I'm not surprised that a majority of the more than 1,000 people between the ages of 60 and 75 who took this test failed.
Franklin, Mary Beth, "A recipe for future retirement security" (2015). In the News. 132.