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News & Blog

Our expert faculty are frequent contributors to consumer-based media as well as to more scholarly academic publications. Keep current with recent developments in the retirement income planning field and check out the latest articles from the thought leaders who are part of the The American College New York Life Center for Retirement Income.

What's Your Retirement IQ? For Most, it's Lousy

December 3, 2014
By:
Rodney Brooks

In survey after survey, Americans have not scored well on retirement literacy tests. But a new survey of Americans ages 60 to 75 says 80% failed a retirement income literacy test. The results of the poll, released today by the American College of Financial Services in Bryn Mawr, PA, are pretty dismal.

Many Lack Basic Retirement Income Knowledge

December 3, 2014
By:
Noel Couch

A recent survey from The American College revealed the well-known “4% rule” is a complete mystery to seven in 10 Americans, and a majority of people age 60 to 75 with at least $100,000 in assets lack important knowledge in areas such as life expectancy, Social Security, long-term care needs, investment risk, and more.

Illiterate on Retirement Facts

December 3, 2014
By:
Nick Thornton

The vast majority of retirement-age respondents failed a basic quiz on core retirement issues like life expectancy, Social Security, long-term care needs and investment risk. That’s the finding of The American College of Financial Services, which administered a survey to more than 1,000 respondents with at least $100,000 in investable assets.

Are You Smart Enough to Retire?

December 3, 2014
By:
Jonnelle Marte

When are reverse mortgages due? What triggers early withdrawal penalties? What exactly is covered by Medicare again? Retirement planning is hard, and most people struggle to understand the fundamentals, according to a new report by the American College of Financial Services, a nonprofit that educates financial advisers.

Americans' Retirement Know-How Rates 'F': Survey

December 3, 2014
By:
Kelley Holland

Do you know when to start drawing Social Security payments? What about a safe amount to draw down from savings? If you are hemming and hawing, you've got company. In a newly released survey, 80 percent of the respondents received scores of 60 or lower on financial questions about retirement.

Americans Have a Low Retirement IQ

December 3, 2014
By:
Bianca Flowers

Americans' retirement income IQ is depressing. In a recent survey by The American College of Financial Services, only 20% of those surveyed can pass a basic quiz on the steps they need to take to secure their finances after retiring.

Crash Course Needed: Four Out of Five Americans Failed When Quizzed on How to Make Their Nest Eggs Last

December 3, 2014

The American College of Financial Services releases findings from the RICP® Retirement Income Literacy Survey, the most comprehensive survey exploring the drawdown phase of Americans’ financial lifetimes. The survey found quite low levels of retirement income literacy.

Quick Takes

December 1, 2014
By:
Walter Updegrave

Seventy percent don't know the 4% rule or much else about retirement income, according to a recent survey by The American College of Financial Services.

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