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Financial literacy

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  • 31%: Percentage of those surveyed, aged 40 or older, who correctly identified all items not covered by Medicare.
  • 32%: Percentage of respondents who understood that a person of full retirement age or older may keep 100% of his Social Security benefits, regardless of how much he earns at his current job.
  • 32%: Percentage of respondents who are aware that bankruptcy is growing faster amongst Americans age 65 and older than any other age group.

Source: AARP