the financial expert fromwl+n& e washington university, a quiz question, if you were able to set aside $50 a month, how much could that end up becoming in 25 years? >> your answer is $5,000, $15,000 or $40,000? only 6% of the people who took the quiz answered this one correctly. the correct answer is as much as $40,000. nearly half the people who take the quiz under estimate small savings can end up make up overtime. lets try one more of those. how much will a couple retiring at age 65 spend on out of pocket costs for healthcare over the course of their retirement. >> you think that answer is $50,000, $100,000 or $260,000. >> the correct answer is you see $260,000, mind boggling for a lot of people. that's the amount you need to cover your entire retirement which could be more than 20 years. joining me now is jaime hopkins. he's the retirement income code director of the american college of financial services. >> this is one of the topics. a lot of people kind of begin to shut down when they talk about this idea of money management. for regular folks even people making average as a who