Tag: retirement security
Despite extensive changes to the National Retirement Risk Index’s platform, methodology, and data, the picture remains the same. 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 Federa…
And what’s the outlook for Gen-Xers and Millennials? Late Boomers have low levels of wealth regardless of how it is defined – total wealth, retirement wealth, or 401(k)/IRA wealth. A decline in some wealth components had been expected as a result of the rise in Social Security’s Full Retirement Age, the shift from defined benefit…
