Tag: financing
The brief’s key findings are: Retirees have long been seen as financially fragile – that is, ill-equipped to handle a financial shock without severe hardship. Interestingly, the research suggests that the vast majority of current retirees can weather shocks such as high medical bills and widowhood. Future retirees, however, face greater risk as most peo…
The brief’s key findings are: Between 2013 and 2016, the National Retirement Risk Index improved modestly, dropping from 52 percent to 50 percent of working-age households. The improvement was driven mainly by rising home prices, with stock market gains also contributing. At the same time, Social Security’s rising “Full Retirement Age” and declining interest rates…