Tag: measuring retirement income

falling short image_

Order a copy from Oxford University Press. Listen to the audiobook, narrated by Michael Butler Murray, at audiobooks.com. What Others Are Saying: Money Magazine Best New Book on Retirement Robert L. Reynolds President and CEO of Great-West Financial and Putnam Investments Falling Short points the way to solving America’s retirement challenge simply by optimizing our…

Senior woman doing finances at home

The brief’s key findings are: Some claim that retirees are better off than many think, because Census’s Current Population Survey (CPS) does not capture most 401(k)/IRA income. Indeed, the CPS dramatically under-reports 401(k)/IRA income, a serious problem given the shift from defined benefit to defined contribution plans. Interestingly, though, the problem is largely concentrated among upper-income households, whic…