Tag: Retirement risks
While COVID was raging, the jump in house prices and a rising stock market were dramatically improving U.S. workers’ retirement finances. In 2022, the share of households that were not saving enough to maintain their standard of living after they retire dropped to 39 percent, from 47 percent in 2019, according to the Center for…
The brief’s key findings are: The National Retirement Risk Index captures the share of working-age households that could fall short in retirement. Recent upgrades to the Index allow for more accurate measurement and analysis. The retooled Index confirms earlier findings: half of households will not be able to maintain their standard of living when they retire. Introduction&nbs…