Is There Really a Retirement Savings Crisis? An NRRI Analysis

Issue Brief by Alicia H. Munnell, Anthony Webb, and Francesca N. Golub-Sass

July 31, 2007

Introduction The National Retirement Risk Index (NRRI) has shown that even if households work to age 65 and annuitize all their financial assets, including the receipts from reverse mortgages on their homes, nearly 45 percent will be ‘at risk’ of being unable to maintain their standard of living in retirement. That is, these households ar…

Paper airplanes flying with one changing direction

What Moves the National Retirement Risk Index? A Look Back and an Update

Issue Brief by Alicia H. Munnell, Anthony Webb, and Francesca N. Golub-Sass

January 1, 2007

Introduction In June 2006, the Center for Retirement Research released the National Retirement Risk Index (NRRI). The results showed that even if households work to age 65 and annuitize all their financial assets, including the receipts from reverse mortgages on their homes, 43 percent will be at risk of being unable to maintain their standard…