Tag: retirement security
The National Retirement Risk Index (NRRI) measures the percentage of working-age households that is at risk of being financially unprepared for retirement. Since the Great Recession, the calculations show that even if households work to age 65 and annuitize all their financial assets, including the receipts from reverse mortgages on their homes, roughly half of…
The Center first released its National Retirement Risk Index (NRRI) in 2006. The goal was to summarize in a single number the extent to which today’s workers would be prepared for retirement. The Index uses the Federal Reserve’s triennial Survey of Consumer Finances to compare projected replacement rates – retirement income as a percentage of…
