Tag: Retirement risks
The brief’s key findings are: Increased taxes and spending cuts will be needed to bring the federal budget under control. Relying heavily on tax increases would modestly raise the overall NRRI (the percent of households ‘at risk’ in retirement) from 51 to 54 percent. But the NRRI would jump sharply for high-income Early Boomers, who…
The brief’s key findings are: Health care costs loom as a major risk for retirees, with nursing home care as the real wild card. A typical couple at age 65 can expect to spend over its remaining lifetime: $197,000 with a 5-percent risk of exceeding $311,000, excluding nursing home care; or $260,000 with a 5-percent…
