Tag: retirement insecurity

Back view of two older people walking down the street with risk indicator graphics on either side

The release of the Federal Reserve’s 2022 Survey of Consumer Finances offers an opportunity to reassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI).  The NRRI estimates the share of American households that are at risk of being unable to maintain their pre-retirement standard of living in retirement…

Crowd of people at a train station and half of them are blurred

The Center first released its National Retirement Risk Index (NRRI) in 2006.  The goal was to summarize in a single number the extent to which today’s workers would be prepared for retirement.  The Index uses the Federal Reserve’s triennial Survey of Consumer Finances to compare projected replacement rates – retirement income as a percentage of…