Understanding the Action Gap in Retirement Savings

Who is the sponsor of this episode?

• Fidelity

• Prudential

• Vanguard

• Charles Schwab

What is the term used to describe the delay between when people think they should start saving for retirement and when they actually do?

• Investment gap

• Retirement gap

• Action gap

• Savings gap

According to the survey, how many years later do Americans start saving for retirement than they think is ideal?

• Three years

• Seven years

• Ten years

• Five years

What is the potential lifetime cost of delaying retirement savings by seven years?

• $300,000

• $200,000

• $410,676

• $500,000

What fraction of Americans is not saving enough for retirement according to the study?

• One in five

• One in two

• One in four

• One in three