Americans Not Ready to Help Themselves: Three Out of Four Older Americans Fail Retirement Income Literacy Quiz
Jamie Patrick Hopkins, David A. Littell
The American College New York Life Center for Retirement Income
Three in four retirement-age Americans fail a quiz on how to make their nest eggs last throughout retirement. Even more troublesome, older Americans between the ages of 60 to 75 with at least $100,000 in assets display a worrying lack of knowledge on a variety of vital topics such as paying for long-term care expenses, investment considerations, strategies for sustaining income throughout retirement and life expectancy.
PR Newswire, "Americans Not Ready to Help Themselves: Three Out of Four Older Americans Fail Retirement Income Literacy Quiz" (2017). In the News. 2187.