Tag: at risk households
The term doesn’t really matter, but about half of households are not doing so well. Reporters always want to know “crisis” or “no crisis.” I don’t think the term is particularly important with respect to retirement security, but observation after observation paints the same picture – roughly half of households are not in good financia…
Even with the improvement, two out of five households are still at risk, according to the National Retirement Risk Index. The release of the Federal Reserve’s 2022 Survey of Consumer Finances (SCF) offers an opportunity to reassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI). The NRRI estimates the share of…