Tag: retirement security
Introduction The Center’s National Retirement Risk Index (NRRI) provides a measure of the percentage of households that will be unable to maintain their standard of living in retirement. Issued in June 2006 with numbers based on the 2004 Federal Reserve’s Survey of Consumer Finances, the Index shows that 43 percent of the population will b…
Introduction Baby boomers have often been characterized as a generation in love with consumption and incapable of accumulating assets for a rainy day — or retirement. But you couldn’t tell from the data. The Survey of Consumer Finances (SCF), the Federal Reserve’s comprehensive survey of household wealth in the United States, shows that the boomers…