Tag: retirement income
Pretty well, actually – with the exception of the Current Population Survey (CPS). A 2017 paper by Adam Bee and Joshua Mitchell re-documented that the Census Bureau’s Current Population Survey (CPS) understates retirement income, renewing concern around the accuracy of income measurements in the CPS. Some have wondered if this problem applies to retirement incom…
This could help extend the work lives of older Americans. Older people need to work longer in order to ensure a secure retirement. Social Security will not replace as much pre-retirement income in the future as it does today, and employer-sponsored pensions also involve considerably more uncertainty given the shift from defined benefit to 401(k)…
