US Retirement Financial Literacy

Preparing for life after work. RRSPs, RRIFs, TFSAs, annuities and meeting future financial and psychological needs.
Post Reply
User avatar
kcowan
Diamond Ring
Diamond Ring
Posts: 12947
Joined: 18 Apr 2006 20:33
Location: Pacific latitude 20/49

US Retirement Financial Literacy

Post by kcowan » 26 Jul 2017 16:47

Here is a survey presented on BNN today.
RetirementLiteracy.jpg
Pretty low results with men only scoring 35%.
For the fun of it...Keith

SQRT
Gold Ring
Gold Ring
Posts: 1895
Joined: 01 Nov 2012 11:33
Location: Alberta/Ontario/Arizona

Re: US Retirement Financial Literacy

Post by SQRT » 27 Jul 2017 07:47

Thanks for posting. Typically poor results. Any idea if there was a sponsor to the study? I suspect poor understanding will result in poor preparation. Or maybe it's the other way around?

User avatar
kcowan
Diamond Ring
Diamond Ring
Posts: 12947
Joined: 18 Apr 2006 20:33
Location: Pacific latitude 20/49

Re: US Retirement Financial Literacy

Post by kcowan » 27 Jul 2017 09:28

I think it was a bit of a puff piece because no references were supplied and no attempt to relate it to Canada.
For the fun of it...Keith

Post Reply