Understanding investors' financial literacy versus retirement literacy

People with investments have long been misunderstood when it comes to their financial literacy. Yes, they can manage their bills, navigate mortgages, and save for holidays and other big-ticket items with relative confidence. But while most people can manage their day-to-day finances and even put money aside for the future, there's a knowledge gulf when it comes to retirement literacy. Many are unclear about how to transition from working life to retirement, particularly regarding their retirement savings and the options available to them. A big part of the problem is the complexi...