The proven way to retire rich

Last year, the National Bureau of Economic Research with professors from the University of Pennsylvania, George Washington University, and North Carolina State University, released a study entitled "Financial Knowledge and 401(k) Investment Performance."

In it the authors found that individuals who had the most financial knowledge -- as measured through five questions about personal finance principles -- had investment returns that were on average 1.3% higher annually -- 9.5% versus 8.2% -- than those who had the least financial knowledge.

Click here to read the source article at CNN.com. 

Damian Sylvia

Retirement Income Solutions