Tag: retirement expectations
The National Retirement Risk Index (NRRI) measures the percentage of working-age households that is at risk of being financially unprepared for retirement. Since the Great Recession, the calculations show that even if households work to age 65 and annuitize all their financial assets, including the receipts from reverse mortgages on their homes, roughly half of…
The brief’s key findings are: More than a third of older workers retire earlier than planned: the question is why? This study looks at: 1) the impact of unexpected changes in health, employment, family, and finances on early retirement; and 2) the prevalence of these shocks. The findings suggest that: Health shocks play the largest…
