Will the Rebound in Equities and Housing Save Retirement?
December 3, 2013
The brief’s key findings are:
- The 2010 National Retirement Risk Index showed that 53 percent of households will not be able to maintain their standard of living in retirement.
- But equity and house prices have both increased since then.
- Interestingly, updating the asset values only reduces the Index to 50 percent because:
- the rise in house prices has been relatively modest in real terms; and
- the more robust growth in stocks mainly benefits the top third of households.
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Citation
Munnell, Alicia H., Anthony Webb, and Rebecca Cannon Fraenkel. 2013. "Will the Rebound in Equities and Housing Save Retirement?" Issue in Brief 13-17. Chestnut Hill, MA: Center for Retirement Research at Boston College.
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