Tag: retirement risk
Even with the improvement, two out of five households are still at risk, according to the National Retirement Risk Index. The release of the Federal Reserve’s 2022 Survey of Consumer Finances (SCF) offers an opportunity to reassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI). The NRRI estimates the share of…
Retirement security in 2019 and 2020: We need to fix our retirement system. The release of the Federal Reserve’s 2019 Survey of Consumer Finances (SCF) provides, once again, an opportunity to take stock of retirement security. For this task, we use our National Retirement Risk Index (NRRI), which compares SCF households’ projected replacement rates – retirement…
