Tag: replacement rates
It might be nice to reduce the large share of benefits going to high earners who retire later and live long lives. To read about our federal finances, one would think we had been overtaken by forces beyond our control: extremely expensive healthcare programs, ever-growing interest payments on our debt, and runaway Social Security benefits…
The Health and Retirement Study (HRS) is a primary source of information on retirement wealth, income, and replacement rates, but calculating these measures requires a host of methodological choices that affect the results. Since researchers have not yet established clear best practices for dealing with the survey’s complex structure, studies using the HRS are often…
