…Most people don’t have a clue about money, finance, economics, you name it. We are a nation of financial illiterates. Take this financial literacy quiz and see how knowledgeable you are.
Here’s a link to the 2017 Retirement Income Literacy Quiz that asks 38 questions about finances in retirement. Only 26% scored 60% or more…
Editor’s note: The above summary* of a post by Steve McDonald, Bond Strategist, CashflowForRetirement,com has been edited ([ ]), restructured and abridged (…) for a faster- and easier – read. Also note that this paragraph must be included in any article re-posting to avoid copyright infringement.
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*The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.