Tag: retirement security
The brief’s key findings are: Net housing wealth, a major asset for most households, depends on the value of the house and the amount of mortgage debt. The analysis tests how below-trend house prices and high housing debt affected the 2013 National Retirement Risk Index (NRRI). The results show that the impact of house prices…
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…
