Americans have poor understanding of retirement income planning

Americans have poor understanding of retirement income planning

- in Featured, Income, Retirement, Taxes
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Most respondents to a new study by the American College of Financial Services had a poor understanding of how to plan for the finances they will need in retirement.

Results of the 2023 Retirement Income Literacy Study were released Wednesday. They come as senior living and care operators prepare for a “silver wave” of baby boomer retirees, some of whom already have begun considering or moving to long-term care settings out of choice or need.

Read more at McKnights senior Living

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