Tag: falling short
The National Retirement Risk Index documents the retirement savings shortfall. Every three years, with the release of the Federal Reserve’s 2013 Survey of Consumer Finances (SCF), we update our National Retirement Risk Index (NRRI). The NRRI shows the share of working-age households who are “at risk” of being unable to maintain their pre-retirement standard of…
Many of today’s workers will lack the resources to retire at traditional ages and maintain their standard of living in retirement. Solving this problem is a major challenge because risk and responsibility have shifted from government and employers to individuals. Falling Short provides a vivid picture of the coming retirement crisis and provides specific solutions…
