Social Security Quiz Shows Just How Little People Know About Retirement Benefits
By:
Mary Ellen Cagnassola
Mary Ellen Cagnassola
Reporter | Joined May 2024
Has also written:
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Editor:
Julia Glum
Julia Glum
News Editor | Joined February 2018
Has also written:
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Eddie Lee / Money; Getty Images
How much do pre-retirement Americans know about the basics of Social Security? Not much, according to a new report.
Life insurance company MassMutual recently gave an online Social Security quiz to 1,500 Americans approaching retirement, and most didn’t pass or barely passed. Not only did this year's respondents score lower than those in 2022, close to a third said they don’t even know how much money they’ll need to sustain them in their retirement years.
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What the data says
