Survey Shows That Pre-Retirees Don't Know 3 Important Social Security Facts

Survey Shows That Pre-Retirees Don't Know 3 Important Social Security Facts

According to a recent study conducted by MassMutual, 52% of pre-retirees between the ages of 55 and 65 who completed a quiz about Social Security received a D grade. While 94% of pre-retirees responding to MassMutual's survey knew their benefits would be reduced if they took them before full retirement age, far fewer knew what full retirement age actually means.