Tag: retirement wealth

Businessman and direction sign to go ahead forward

The Health and Retirement Study (HRS) is a primary source of information on retirement wealth, income, and replacement rates, but calculating these measures requires a host of methodological choices that affect the results.  Since researchers have not yet established clear best practices for dealing with the survey’s complex structure, studies using the HRS are often…

Older couple sitting at a table looking at laptop screen paying bills online

Late Boomers have surprisingly low levels of retirement wealth compared to earlier cohorts.  A decline in some wealth components had been expected as a result of the rise in Social Security’s Full Retirement Age and the shift from defined benefit to defined contribution plans.  But increasing 401(k)/IRA balances were predicted to offset the gap, sinc…