Tag: NRRI

Call it what you will, Society of Actuaries’ survey shows a large percentage of retirees are worried. At the end of a recent conference, the cosmic question arose – once again – as to whether the United States faces a retirement crisis or not. I’ve never been wedded to the word “crisis,” but the Center’s…

Retirement security in 2019 and 2020: We need to fix our retirement system. The release of the Federal Reserve’s 2019 Survey of Consumer Finances (SCF) provides, once again, an opportunity to take stock of retirement security. For this task, we use our National Retirement Risk Index (NRRI), which compares SCF households’ projected replacement rates – retirement…