Tag: health and retirement
The brief’s key findings are: More than a third of older workers retire earlier than planned: the question is why? This study looks at: 1) the impact of unexpected changes in health, employment, family, and finances on early retirement; and 2) the prevalence of these shocks. The findings suggest that: Health shocks play the largest…
The brief’s key findings are: The National Retirement Risk Index (NRRI) shows the percent of households ‘at risk’ of failing to maintain their standard of living in retirement. The need to purchase long-term care insurance or to use home equity for nursing home expenses raises the NRRI to about 65 percent. This impact comes from…