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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.

How to Avoid Tanking Your Portfolio in Retirement

May 5, 2017
By:
Rebecca Lake

Making your money go further in retirement is a challenge that many Americans may be unprepared for. According to most recent RICP Retirement Income Literacy Survey from The American College of Financial Services, 82 percent of Americans have unrealistic expectations about the need for long-term care later in life.

Americans Get 'F' in Retirement Literacy

May 5, 2017
By:
Marlene Y. Satter

A whopping three quarters of Americans fail a quiz on how to make their retirement dollars go far enough to see them all the way through retirement, although they think they know what they’re doing; 61 percent of respondents indicate they have high levels of retirement income knowledge.

Eye on Money: Saving for Retirement

May 4, 2017
By:
Jill Schlesinger

A new survey shows many older Americans are taking steps to prepare for retirement, but a majority might not be ready for the financial long- haul. Seventy-four percent of survey respondents aged 60 to 75 failed a quiz about making their savings last through retirement.

A Retirement Literacy Quiz You Need to Pass

May 4, 2017
By:
Steve Vernon

Are you among the nearly half of Americans who can't pass a financial literacy quiz? Being able to ace such a test is important for all age groups, but perhaps even more so if you're an older worker. That's because you'll need to understand a great number of financial matters as you transition from your full-time job to retirement.

62% of Retirement-Age Americans Can't Answer This Question About Retirement

May 4, 2017
By:
Kathleen Elkins

Perhaps one of the reason so many Americans are unprepared for retirement is because there is a lot of confusion around the subject. When The American College of Financial Services conducted a 38-question retirement literacy quiz, three out of four retirement-age Americans failed the test.

What You Should Know, But Probably Don't, About Retirement

May 3, 2017
By:
Mark Huffman

The American College of Financial Services (ACFS) has released a survey of older Americans that it says raises troubling questions about retirement in America. The organization says when it quizzed a large group of retirement-age Americans on retirement issues, three out of four did not pass.

CAHU Fights For You: Summit May 8-10

May 3, 2017
By:
Victoria Alexander

A new survey by The American College of Financial Services found three in four retirement-age Americans fail a quiz on how to make their nest eggs last throughout retirement and fewer than 1 percent ace the test.

Americans Not Ready to Help Themselves: Three Out of Four Older Americans Fail Retirement Income Literacy Quiz

May 2, 2017

Older Americans between the ages of 60 to 75 with at least $100,000 in assets display a worrying lack of knowledge on a variety of vital topics such as paying for long-term care expenses, investment considerations, strategies for sustaining income throughout retirement and life expectancy.

Retirement-Age Americans are Failing This Financial Literacy Quiz

May 2, 2017
By:
Alessandra Malito

Older Americans may be ready for retirement, but their finances? Not so much. Almost 75% of Americans in retirement age failed a retirement literacy quiz hosted by the American College of Financial Services, which asked how to make money last through their golden years.

6 Important Facts Retirees Don't Know

May 2, 2017
By:
Tim Parker

A new study released on May 2nd by the American College of Financial Services reveals that retirees are alarmingly uneducated when it comes to the financial side of retirement. Researchers conducted online interviews of 1,244 Americans between the ages of 60 and 75 who have at least $100,000 in household assets.

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