Tag: retirement security
The brief’s key findings are: Since the mid-1990s, the average retirement age has risen: from 62 to 64 for men; and from 60 to 62 for women. This trend toward later retirement has been driven by several factors: changing incentives in Social Security and employer pensions; better education and health coupled with less strenuous jobs…
The brief’s key findings are: Over 40 percent of respondents to a 2009 CRR survey planned no response to the financial crisis. But after it was made clear that their only options are to save more, work longer, or spend less in retirement, most opted to alter saving or work plans. Those who changed had…
