Archive: Rebecca Cannon Fraenkel
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…
The brief’s key findings are: The National Retirement Risk Index shows that changes in interest rates have only a modest effect on retirement preparedness for three reasons: Most households have relatively little financial wealth to annuitize. The effect on annuity income is muted, because the principal portion of the annuity payout is unaffected by interest…
