Tag: NRRI
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 list of targets suggesting the nation might have a problem, they criticize two…
The brief’s key findings are: The 2010 National Retirement Risk Index showed that 53 percent of households will not be able to maintain their standard of living in retirement. But equity and house prices have both increased since then. Interestingly, updating the asset values only reduces the Index to 50 percent because: the rise in…
