Client Engagement Tool
Retirement Income Literacy Quiz
The 2023 Retirement Income Literacy Study data proved: as a financial professional, you play an important role in educating your clients. That’s why we’re giving you access to the same quiz used in the study—so you can use it as an assessment tool and conversation-starter to deepen your client relationships.
Share the quiz with your clients today and help them prepare for a brighter tomorrow.
Facts & Figures
31%
The overall average Retirement Income Literacy Score is only 31%.1
+11
Respondents working with a financial advisor boosted their survey scores by over 11%.1
#1
#1 Inflation is the top-ranked knowledge area.1
About the Study
Now in its 10th year, the Retirement Income Literacy Study conducted by The American College of Financial Services offers comprehensive insight and analysis into older Americans’ financial literacy in 12 knowledge areas related to retirement income—including Social Security, longevity, investments, and more. The 2023 study is the fourth wave in the body of research, which is fielded every three years since 2014. The primary research question is: Do Americans in the critical period from ages 50 to 75 know enough about retirement income to feel confident they can achieve the best possible outcomes?
Related Insights
Center for Retirement Income
Key Retirement Income Planning Resources
The American College Center for Retirement Income is committed to raising knowledge about the issues and concepts facing Americans’ retirement. In addition to the Retirement Income Literacy Study, the Center publishes insights and research, leads in-person and live events, and creates educational curriculum to support financial professionals and benefit society.
Research Team
1 2023 Retirement Income Literacy Study. The American College of Financial Services.