Tag: retirement saving
The brief’s key findings are: In theory, workers would increase their supplemental saving in response to lower pension income, but do they in practice? The answer matters for state and local workers, as pension income varies, some plans are poorly funded, and not all workers have Social Security. The results show that workers with less…
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…
