Reported about 18 hours ago
A new report reveals that most American adults struggle with fundamental retirement concepts, scoring an average of only two out of six on a retirement literacy quiz covering Social Security, Medicare, and retirement savings. This lack of knowledge could lead to financial instability in retirement as many are unprepared for the realities of healthcare costs and longevity. Experts emphasize the need for improved financial education and awareness, particularly among younger workers entering the job market.
Source: YAHOO