Retirement Quiz Reveals How Much Help We Need
Think you know everything about 401k and IRAs? I invite you to take the Kiplinger’s Retirement Quiz! After each question, it will instantly tell you whether you got the question right or wrong and then give some information related to the topic.
What I want to talk about though is actually the statistics that it showed after I took the quiz. Take a look at this:
The quiz consisted of a total of 10 questions about varies aspects of 401k and IRAs. As you can see, two-thirds (67%) of 14000+ participants answered less than 8 out of 10 questions correct. This means that many people couldn’t fully take advantage of the 401k and IRAs even if they wanted to because chances are people don’t know the complete picture of these plans.
Based on these results, it shows that everyone should learn more about 401ks, IRAs and retirement plans […]
Original post by MoneyNing