Tag: retiree happiness
Measures of retirement preparedness often suggest that a substantial share of U.S. households are not on track to maintain their standard of living in retirement. And many retirees report regret for not saving enough. Yet, when asked about their life satisfaction, the overwhelming majority – 92 percent – of retired households say…
Older people have a great ability to adapt and cope. Much of the work we do suggests that people are not saving enough for retirement. More specifically, since 2006 we have published our National Retirement Risk Index (NRRI), which uses the Federal Reserve’s triennial Survey of Consumer Finances to compare households’ projected replacement rates – retirement…
