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Most Americans aged 50 to 75 flunked a retirement income literacy quiz that tested their knowledge about inflation, investments, long-term care, Medicare, and Social Security.
Dementia is a terrible disease, but these 25 easiest trivia questions for seniors with dementia will perhaps provide a bright spark in the day for anyone afflicted with the illness. Click to skip ...
Just over a third (35%) of Americans knew the average lifespan of retirees, according to a report out this week from the TIAA Institute and the Global Financial Literacy Excellence Center at the ...
Average retirement literacy scores increased from 25% in the 50-to-54 age group to 38% among those aged 70 to 75. Individuals over 65 had a 56% literacy rate on Medicare-specific questions, higher ...
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The median account balance for high-income older households (who earn about $282,000 per year) actually surged from $333,000 to $605,000 over that time — nine times more than middle-income ...
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3. Lengthen Your Long-Term Plan. These days, some people who retire in their 60s live until they're 90 years old. That's a 30-year gap of time you'll need to fill with meaningful experiences and ...