The brief’s key findings are:
- The National Retirement Risk Index (NRRI) shows the percent of households ‘at risk’ of failing to maintain their standard of living in retirement.
- The NRRI jumped from 44 percent to 51 percent today due to:
- the bursting of the housing bubble;
- the stock market crash; and
- the ongoing rise in Social Security’s Full Retirement Age.
- Clearly, Americans need more retirement saving.