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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.

Why Your Retirement Literacy May be Worse Than You Think

July 26, 2017
By:
Pattie Lovett-Reid

There appears to be a disconnect between what women think they know about retirement planning and what they actually know. Over 80 percent of women failed the Retirement Income Literacy Quiz offered by The American College of Financial Services.

Should You Sell Your Home When You Retire?

July 26, 2017
By:
MP Dunleavey

Deciding whether to sell your home when you retire is a complicated question for most people. You’ve got lifestyle issues on one side of the ledger and financial realities on the other. Many people put their quality-of-life first when making this decision, says Jamie Hopkins.

Women Should be ‘More Aggressive Investors’ to Overcome Retirement Challenges

July 26, 2017
By:
John Devine

When it comes to basic financial literacy, American women seem to be lagging behind men, writes Rachel Cao for CNBC. New data suggests that only 18 per cent or working-age women can pass a quiz on retirement income knowledge, and more than 80 per cent of women aged 60 to 75 failed the quiz.

Your 401(k) Match May Have Some Strings Attached

July 26, 2017
By:
Alessandra Malito

It’s well-worn advice that employees should always invest as much as necessary to get their employer’s match in a 401(k) plan — after all, it is free money. While this is true, there are strings attached to the money.

Older Women Flunk Financial Literacy Quiz

July 24, 2017
By:
Kerry Hannon

News flash: Retired women and women nearing retirement have a financial literacy problem. In a survey released today, the 2017 RICP Retirement Income Literacy Gender Differences Report, from The American College of Financial Services, only 18 percent of women age 60 to 75 passed.

Time to Take Retirement into Their Own Hands: Over 80 Percent of Women Fail Retirement Income Literacy Quiz

July 24, 2017

Only 18% of retirement-age women can pass a basic quiz on how to make a nest egg last in retirement. Nearly twice as many retirement-age men are able to pass, and although those numbers are still grim, this underscores the trouble women face in their own retirement knowledge.

Women’s Retirement Income Literacy Is Lower Than Men’s

July 24, 2017
By:
Lee Barney

Women at retirement age, those between the ages of 60 and 75, understand the components of retirement income far less well than men of the same age, although even men don’t grasp the topic very well, the RICP Retirement Income Literacy Survey from The American College of Financial Services found.

80% of Older Women Can't Pass This Financial Literacy Quiz

July 24, 2017
By:
Rachel Cao

Women appear to be falling behind men when it comes to basic retirement knowledge. Only 18 percent of retirement-age women were able to pass a retirement income literacy quiz, while nearly twice as many men are able to pass, according to findings from the 2017 Retirement Income Literacy Gender Differences Report.

How Did Women Score In A Basic Retirement Income Quiz?

July 24, 2017
By:
John Sullivan

Women are living longer and gaining in assets when compared with their male counterparts, yet only 18 percent of those that are retirement-age can pass a basic quiz on how to make a portfolio last in retirement.

Many Retirement-Age Women Lack Financial Literacy: American College

July 24, 2017
By:
Michael S. Fischer

A large cohort of retirement-age American women lack financial literacy, according to The American College of Financial Services’ latest RICP retirement income literacy survey. Only 18% of women could pass a basic quiz on how to make their savings last in retirement.

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