Retirement: Test your financial planning IQ

The formula for a financially successful retirement used to be straightforward: Work for decades for one employer and then live happily ever after on the pension, Social Security and whatever personal savings you were able to amass.

With regular checks from your company and Uncle Sam, the amount of savings was important but not critical.

Today, with pensions vanishing and an economic crisis withering savings, it's increasingly up to individuals to take charge of their finances to fund retirements that can stretch for up to 30 years because of longer lifespans.

Is your retirement IQ up to the challenge? Take the test and find out...

AP: Retirement: Test your financial planning IQ