The American College of Financial Services recently had survey participants aged 60 to 75 take a quiz to determine their level of financial literacy, especially as it relates to retirement. The unsettling news is that only 35 percent of men passed the quiz. The shocking news is that only 18 percent of women did.
5 proposals aimed at doubling the long-term care insurance rate
According to a Associated Press-University of Chicago NORC Center for Public Affairs Research poll, 57 percent of Americans surveyed said they plan to rely on Medicare to provide any long-term care services and supports they may need.
