Tag: Census Bureau’s Current Population Survey

Senior couple and tecnologies

The brief’s key findings are: Recent research has re-documented that the Census Bureau’s Current Population Survey (CPS) understates retirement income. Some have wondered if this problem also applies to other surveys and calls into question decades of research that suggest many are ill-prepared for retirement. To answer this question, the analysis compared estimates from fiv…

Senior woman doing finances at home

The brief’s key findings are: Some claim that retirees are better off than many think, because Census’s Current Population Survey (CPS) does not capture most 401(k)/IRA income. Indeed, the CPS dramatically under-reports 401(k)/IRA income, a serious problem given the shift from defined benefit to defined contribution plans. Interestingly, though, the problem is largely concentrated among upper-income households, whic…