Tag: retirement income adequacy
The brief’s key findings are: When kids leave home, parents consume less but they don’t save more. So where is the money going? The analysis looks at three ways to square the circle: define saving more broadly: parents could be paying down debt faster; define consumption more broadly: they could be assisting grown children; and…
Many of today’s workers will lack the resources to retire at traditional ages and maintain their standard of living in retirement. Solving this problem is a major challenge because risk and responsibility have shifted from government and employers to individuals. Falling Short provides a vivid picture of the coming retirement crisis and provides specific solutions…
