Tag: retirement preparedness

Two young business people working at a desktop computer

The brief’s key findings are: A prior CRR study found that, in 2016, Millennials lagged behind Gen Xers and Late Boomers in retirement preparedness. New data for 2019 show that Millennials are catching up in the labor market and in getting married and buying houses. However, despite also having similar retirement saving, Millennials’ huge student…

Working together on their budget

The brief’s key findings are: From 2016 to 2019, the National Retirement Risk Index (NRRI) fell slightly from 50 percent to 49 percent. This improvement reflected gains in stock and, particularly, house prices, which were partly offset by lower interest rates and Social Security replacement rates. In 2020, the economy was hit by COVID and…