National Retirement Risk Index: How Much Longer Do We Need to Work?

Alicia H. MunnellAnthony WebbLuke Delorme Francesca N. Golub-Sass

IB#12-12

The brief’s key findings are:

  • Working longer is the key to financial security, but it does not mean working forever.
  • Half of today’s households are ready to retire at age 65, but more than 85 percent would be prepared by age 70.
  • Thus, five years of additional work would solve the problem for the bulk of the population.