Understanding issues such as when is the best time to retire, how to maximize Social Security and employer-provided benefits, and how much can be safely withdrawn from a portfolio are all critical to a secure retirement. The American College 2014 RICP® Retirement Income Survey tested the knowledge of those age 60 to 75 about a range of retirement income topics by asking respondents 38 quiz questions. Only 20% passed the test and the average score was only 42% correct.
Click below to see how you do and to learn something new about retirement income planning. If you want to know more about the survey, read the report or watch the webcast here.