Tag: federal reserve data
The brief‘s key findings are: Federal Reserve data show that retirement preparedness has been declining over time, but studies on the level of preparedness offer conflicting assessments. The National Retirement Risk Index (NRRI) finds half of households are “at risk,” while studies of optimal savings suggest less than one-tenth will fall short. The optimal savings…
The Federal Reserve Board just released the results of a September 2013 survey, based on a nationally representative online panel, which was designed to monitor how well consumers have recovered from the financial crisis and to identify risks to their financial condition. While retirement was not the focus of the survey, it contained a number…
