Tag: HRS
The Health and Retirement Study (HRS) is a primary source of information on retirement wealth, income, and replacement rates, but calculating these measures requires a host of methodological choices that affect the results. Since researchers have not yet established clear best practices for dealing with the survey’s complex structure, studies using the HRS are often…
What kind of financial shape are retirees in? A 2017 study refocused attention on this old question, and it has taken on greater urgency as more and more baby boomers retire. The study looked at the accuracy of the U.S. Census Bureau’s Current Population Survey (CPS) and confirmed earlier research showing that it dramatically under-estimates…