Are You Financially Literate? Take the Quiz

Are You Financially Literate? Take the Quiz

The American College of Financial Services
401(k) Specialist
September 15, 2020

One of the biggest takeaways from The College’s 2020 Retirement Income Literacy Survey is that older Americans, as the most likely group to be put in a situation of long-term medical care, still don’t have the knowledge they need to plan adequately for the possibility. However, data shows there’s still cause for hope during the time of COVID-19.

Many of those surveyed indicated a written retirement plan has helped them retain confidence and a clear path through pandemic uncertainty. Read this and more findings from the survey in 401(k) Specialist.

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