Are you retirement planning-literate?
David A. Littell
Featured Degree or Designation
Just one in five retirement-age Americans can pass a basic quiz on how to make their nest eggs last through their retirement, according to a recent survey conducted by The American College of Financial Services (theamericancollege.edu). The survey found that many older adults have a flimsy understanding of retirement planning concepts like the “4%” rule, the relationship between interest rates and bond values, average life expectancy, and what should be included in a comprehensive retirement plan.
Streit, Meghan, "Are you retirement planning-literate?" (2015). In the News. 1960.