Do You Know The US Retirement System?

We all want to retire, but how much do you know about the US retirement system? Take these 12 questions and find out how retirement savvy you are?
START THE QUIZ!

Question 1/12

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What is the US retirement age?
62
75
61
Next Question

Question 2/12

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About how much money will the average couple need to save in order to cover medical expenses throughout retirement?
$240,000
$100,000
$75,000
Next Question

Question 3/12

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What percentage of pre-retirement earnings does social security cover?
40%
50%
30%
Next Question

Question 4/12

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How many senior citizens will be in the US by 2050?
90 million
50 million
45 million
Next Question

Question 5/12

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True or false: 1 in 6 retirees is living below the poverty line.
True
False
Next Question

Question 6/12

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What year was Social Security first put into action?
1935
1945
1929
Next Question

Question 7/12

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What age must a person be to receive Medicare?
62
65
71
Next Question

Question 8/12

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True or false: When Social Security was enacted the payout was a mere $200 per month.
True
False
Next Question

Question 9/12

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True or false: 18.5% of US citizens over age 65 are attempting to find a job in lieu of retirement benefits.
True
False
Next Question

Question 10/12

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What percentage of retirees depend on Social Security?
29%
50%
63%
Next Question

Question 11/12

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How many years does the average American spend in retirement?
20
30
10
Next Question

Question 12/12

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Who was first granted retirement benefits in the US?
Teachers
Military soldiers
Politicians
Result
You are retirement righteous! The US retirement system is not simple by any means, but you seem to know your stuff. While this system can be anything but relaxing, we hope you had a relaxing time doing well on this quiz!

C+, Retirement Righteous

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Right!
You are retirement rad! Let's face it, the US retirement system is vast, complex, and a bit difficult to understand. There are rules and regulations that can make the average person's head spin. Despite this, you demonstrated an amazing knowledge of American retirement. We commend you for a job well done!

B+, Retirement Rad

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Right!
You are retirement bright! While retirement should be relaxing, it can be a bit complicated. With rules and regulations that can be difficult to understand, retirement can be daunting. Despite this, you aced this retirement quiz! Thus proving yourself as the master of all things retirement related!

A+, Retirement Bright

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Right!
Check Your Answers
Play Again
1
What is the US retirement age?
62
75
61
2
About how much money will the average couple need to save in order to cover medical expenses throughout retirement?
$240,000
$100,000
$75,000
3
What percentage of pre-retirement earnings does social security cover?
40%
50%
30%
4
How many senior citizens will be in the US by 2050?
90 million
50 million
45 million
5
True or false: 1 in 6 retirees is living below the poverty line.
True
False
6
What year was Social Security first put into action?
1935
1945
1929
7
What age must a person be to receive Medicare?
62
65
71
8
True or false: When Social Security was enacted the payout was a mere $200 per month.
True
False
9
True or false: 18.5% of US citizens over age 65 are attempting to find a job in lieu of retirement benefits.
True
False
10
What percentage of retirees depend on Social Security?
29%
50%
63%
11
How many years does the average American spend in retirement?
20
30
10
12
Who was first granted retirement benefits in the US?
Teachers
Military soldiers
Politicians