Barely A Quarter Of Americans Are Financially Literate
David A. Littell
The American College New York Life Center for Retirement Income
Americans approaching retirement-age may be ready to kick back and enjoy their golden years, but the vast majority of them cannot pass a basic financial literacy exam.
Nearly three-quarters of Americans in retirement-age failed a financial literacy exam on how to make their savings last through retirement, according to an online survey conducted by The American College of Financial Services.
Donachie, Robert, "Barely A Quarter Of Americans Are Financially Literate" (2017). In the News. 2188.