Tag: income replacement rate
The brief’s key findings are: Between 2010 and 2013, the National Retirement Risk Index improved only slightly, dropping from 53 percent to 52 percent of working-age households. This result may seem surprising given that the stock market was up and housing prices had begun to rebound. But other factors – Social Security’s rising “Full Retirement…
Introduction What is the impact of the shift from defined benefit to defined contribution plans on the pension wealth of households approaching retirement? Using data from the Health and Retirement Study, this brief documents this shift and compares employer-sponsored pension wealth across households with heads age 51-56 in 1992, 1998, and 2004. The results show…
