Tag: National Retirement Risk Index
The Fact Sheet’s key findings are: The NRRI assumes that households buy an annuity at retirement. The NRRI (the percent of households ‘at risk’ in retirement) increases from 51 percent to 53 percent if households withdraw 4 percent per year; or 60 percent if households live off their interest. Not annuitizing hurts high-income households t…
The Fact Sheet’s key findings are: Despite the bursting of the bubble, the house is still a major component of most households’ wealth. In the NRRI, households are assumed to tap their home equity through a reverse mortgage. If they don’t tap their equity, the share of households ‘at risk’ in retirement jumps from 51 to 61…