Tag: CPS
What kind of financial shape are retirees in? A 2017 study refocused attention on this old question, and it has taken on greater urgency as more and more baby boomers retire. The study looked at the accuracy of the U.S. Census Bureau’s Current Population Survey (CPS) and confirmed earlier research showing that it dramatically under-estimates…
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…
