Tag: NRRI
The brief’s key findings are: The National Retirement Risk Index framework is used to address how much working-age households need to save for retirement. A typical household should get a third of its retirement income from a savings plan, with the low income needing one quarter and the high income one half. A typical household…
Most of us are not saving enough to maintain our standard of living. In an article in National Affairs, Andrew Biggs, of the American Enterprise Institute and Sylvester Schieber, an independent pension consultant and former chairman of the Social Security Advisory Board, question whether we are, in fact, facing a pension crisis. Among a long…
