Issue Briefs
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Introduction The U.S. workforce is rapidly aging, spurring widespread concern over the implications of older workers for the economy at large, and for businesses in particular. Discrimination against older workers in hiring, and employer concerns about the high cost of older workers, suggest that employers view them as less valuable than their younger counterparts…
The National Retirement Risk Index (NRRI) measures the share of working-age households that will be unable to maintain their pre-retirement standard of living once they retire. The Index is based on data from the Federal Reserve’s Survey of Consumer Finances and compares household projected replacement rates – retirement income as a percentage of pre-retirement…
