Americans Sliding Back on Financial Literacy - Here's Why

Americans Sliding Back on Financial Literacy - Here's Why

The American College of Financial Services
The Street
September 16, 2020

With the COVID-19 pandemic still raging and Social Security and other entitlements less secure than they have been for decades, there’s never been a more important time for Americans to think seriously about retirement planning. Unfortunately, according to The College’s 2020 Retirement Income Literacy Survey, eight out of ten people at or near retirement are lacking critical knowledge they need to make good decisions.

That lack of knowledge extends to many aspects of retirement planning, including guaranteed income products, life expectancy, long-term care, and more. Learn how you can help clients on the road to retirement in The Street.

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