Tag: retirement security gap
The brief’s key findings are: Between 2013 and 2016, the National Retirement Risk Index improved modestly, dropping from 52 percent to 50 percent of working-age households. The improvement was driven mainly by rising home prices, with stock market gains also contributing. At the same time, Social Security’s rising “Full Retirement Age” and declining interest rates…
The brief’s key findings are: In 2013, 55 percent of households in their twenties had student debt, with an average amount of $31,000. The question is whether student debt – by reducing 401(k) savings and delaying home purchases – could have a big impact on retirement preparedness. The analysis uses the National Retirement Risk Index…