Tag: NRRI
The brief’s key findings are: While the divorce rate is no longer rising, about 40 percent of marriages still end in divorce. The financial costs can be high: a divorcing couple pays legal fees, may need to sell illiquid assets, and has to cover the costs of two – rather than one – residence. Not surprisingly, t…
Workers should plan to work longer and save more. The release of the Federal Reserve’s 2016 Survey of Consumer Finances (SCF) is a great opportunity to reassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI). The NRRI shows the share of working-age households who are “at risk” of being unable to…
