College News Roundup: Week of February 12, 2024

Yahoo Finance | Do You Know How Much You Have Saved for Retirement? 1 in 4 Americans Don't
February 10, 2024

In this piece, Steve Parrish, JD, RICP®, CLU®, ChFC®, AEP®, professor of practice and co-director of the American College Center for Retirement Income, explains why so many Americans may not have any idea how much they have saved for retirement – and how what they don’t know can hurt them.

Rethinking 65 | New Study Underscores Importance of Retirement Advice
February 14, 2024

In this article, Steve Parrish, JD, RICP®, CLU®, ChFC®, AEP®, professor of practice and co-director of the American College Center for Retirement Income, examines how older Americans with financial advisors did better on The College’s 2023 Retirement Income Literacy Study knowledge quiz than those without advisors – as well as the limitations of that guidance.

InvestmentNews | Tips for Advisors Seeking to Improve Their Recruiting and Retention
February 14, 2024

In this video, Sandy Herzlich, Vice President of Retirement Strategy at The American College of Financial Services, sits down with InvestmentNews anchor Gregg Greenberg to discuss how financial advisors can improve their recruiting and retention practices.

401(k) Specialist | Participants are Failing at Retirement Literacy
February 14, 2024

This article takes an in-depth look at some of the biggest takeaways from The College’s Retirement Income Literacy Study, including public knowledge deficits in areas such as long-term care and life expectancy as well as demographic gaps that may contribute to failing results.

Forbes | Americans’ Retirement Literacy Is Lacking, And It Matters
February 14, 2024

In this column, Steve Parrish, JD, RICP®, CLU®, ChFC®, AEP®, professor of practice and co-director of the American College Center for Retirement Income, discusses more takeaways from The College’s Retirement Income Literacy Study and the implications of its results for the advisor community.

InvestmentNews | Retirement Income Literacy Lacking Among Older Americans
February 14, 2024

This article revisits the results of The College’s Retirement Income Literacy Study, with particular emphasis on how the study exposes demographic fault lines in financial knowledge and why advised individuals scored higher on several fronts.

NAPA | F is for Failure: Americans Bomb Retirement Income Quiz
February 15, 2024

This piece explores high-level results from The College’s Retirement Income Literacy Study and what they mean for the financial services industry as it seeks to serve older Americans better.

Wealth Caves | Unlocking Confidence: Financial Literacy Key to Secure Retirement (2023 Study Highlights)
February 15, 2024

This story breaks down some of the most critical takeaways from The College’s Retirement Income Literacy Study and how advisors can use the lessons of the study now to provide actionable aid to older Americans they serve.

ThinkAdvisor | 8 New Findings on What Americans Don't Know About Retirement Income
February 16, 2024

This article runs through a number of the core takeaways from The College’s Retirement Income Literacy Study in a slideshow that explains the timeliness and urgency of addressing the major gaps it identifies in retirement literacy.