How many of these 13 questions do you think you can answer correctly? Only 1% of respondents got 100% correct. Can you?
Here’s the 13 question quiz.
MassMutual recently gave a 13-question true/false quiz to 1,500 individuals ages 55 through 65. The result was 65% of people either failed or got a D grade. Meanwhile, 18% of respondents earned a C, while 12% got a B and 6% earned an A. Just 1% of respondents got a perfect score.
While Social Security may not feel relevant to your students, you might encourage them to complete the quiz with their parents/grandparents. You could also have them do a scavenger hunt on the Social Security website to research the answers to the true/false questions.
Tim’s saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.