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4 in 5 Americans Lack Retirement Planning Knowledge: Survey

4 in 5 Americans Lack Retirement Planning Knowledge: Survey

The American College of Financial Services
September 17, 2020

While a majority of older Americans think they know enough about retirement planning, The College’s 2020 Retirement Income Literacy Survey results prove otherwise. Four in five retirement-age people failed a quiz on basic financial literacy, an especially concerning finding in today’s shaky economic conditions.

Read more of our takeaways and expert analysis from faculty like Retirement Income Center co-director Steve Parrish in this piece from ThinkAdvisor.

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