Tag: pre-retirement income
The brief’s key findings are: For married households, the amount of pre-retirement income replaced by Social Security depends on the labor force activity of both spouses. At the high end, couples with a non-working spouse get the replacement rate from the worker’s benefit and from a spousal benefit. At the low end, couples with two…
Introduction For anyone interested in retirement income policy, the most basic question is how much are people receiving today from Social Security, the backbone of the nation’s retirement income system. The traditional measure of generosity is the replacement rate — namely, the ratio of benefits relative to pre-retirement earnings. The Social Security administration provides two…
