There are 2,728 entries in the Social Security handbook, as economist Laurence Kotlikoff is fond of pointing out. It’s no surprise that most Americans have a lot of knowledge gaps.

The Harris Poll, in a survey on behalf of Nationwide Retirement Institute, found that 66% of respondents are more concerned now than they were before about their retirement income, a 10-percentage-point jump from 2021.

Seventy percent of consumers across generations worry that Social Security will run out of funding in their lifetime, and a third of adults who do not receive benefits believe they will not receive any of what they have earned when they retire.

Read more of the ThinkAdvisor article here!