Is There Really a Retirement Savings Crisis? An NRRI Analysis

Issue Brief by Alicia H. Munnell, Anthony Webb, and Francesca N. Golub-Sass

July 31, 2007

Introduction The National Retirement Risk Index (NRRI) has shown that even if households work to age 65 and annuitize all their financial assets, including the receipts from reverse mortgages on their homes, nearly 45 percent will be ‘at risk’ of being unable to maintain their standard of living in retirement. That is, these households ar…

Woman's hand holding a pen looking a spreadsheet

Households ‘At Risk’: A Closer Look at the Bottom Third

Issue Brief by Alicia H. Munnell, Anthony Webb, Francesca N. Golub-Sass, and Pamela Perun

January 1, 2007

Introduction The Center’s National Retirement Risk Index (NRRI) provides a measure of the percentage of households that will be unable to maintain their standard of living in retirement. Issued in June 2006 with numbers based on the 2004 Federal Reserve’s Survey of Consumer Finances, the Index shows that 43 percent of the population will b…