Tag: retirement income
The brief’s key findings are: The financial crisis suggests the need for a new universal tier of retirement saving accounts to supplement Social Security and 401(k)s. To prevent large drops in asset values and fluctuations in replacement rates, policymakers might find it desirable to provide guarantees. But low guarantees would have had no effect historically…
Introduction With a contracting retirement income system and increased life expectancy, working longer has emerged as perhaps the most effective lever for improving retirement income security. More work at older ages should be entirely feasible for the bulk of the population, given that today’s workers are healthier and work is less onerous than in t…
