Tag: CRR Retirement survey
![Working together on their budget](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_5-1536x988.jpg)
Abstract In July and August 2009, the Center for Retirement Research at Boston College (CRR) conducted a survey to gauge three things: 1) how people were responding to the loss of their retirement assets due to the financial crisis; 2) who was responding by increasing their expected working life; and 3) how people were responding…
![Aged,Man,Working,In,An,Industrial,Factory](https://crr.bc.edu/wp-content/uploads/2022/11/older_workers_11-1536x1024.jpg)
In summer 2009, the CRR surveyed individuals ages 45-59 on how the market crash has affected their retirement planning. Key findings from our analysis are: In response to the crisis, over 40 percent expected to work longer/save more. Those who were highly distressed were more likely to act. After receiving “reliable” financial advice, the majority…