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Retirement Planning: Absence of Knowledge can Hurt
With 80% of the respondents in the 2020 edition of the American College of Financial Services Center for Retirement Income survey failing the 38-question retirement literacy quiz, it becomes clear that there is a strong need for education across a wide swath of future retirees. Other highlights of the survey results are discussed in a post by Forbes contributor Steve Parrish, which you can access here. If you’d like to examine the results of the study on detail, click here…
The AMAC Foundation, as many know, operates a widely acclaimed Social Security Advisory Service featuring five trained and accredited Advisors standing ready to answer questions posed by soon-to-be retirees. Our advisors can attest to the study conclusions referenced above, and frequently address very basic questions that all seniors need to know. If you’d liek to more about this free-to-the-public service, click here,,,