Tag Archives: retirement savings

America gets a ‘C’ in financial literacy

Kelly Dilworth

U.S. adults know surprisingly little about basic financial issues, such as compound interest, credit risk, investments and inflation, a new study from Champlain College finds. Many also routinely make avoidable financial mistakes, the December 2016 National Report Card on Adult Financial…
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Study: Millennials struggle to find financial balance when saving for retirement

Sienna Kossman

A March 2015 study by Principal Financial Group found that 63 percent of millennials started saving for retirement at or before age 25, but less than one-third are saving enough to secure a strong retirement later on.
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