Tag: retirement wealth
The brief’s key findings are: The ability to stay on the job long enough for a secure retirement may vary by socioeconomic status (SES). Using education for SES, the analysis calculates a retirement gap – the difference between how long households plan to work and how long they need to work. Not surprisingly, retirement gaps…
People often ask how baby boomers compare with their parents in terms of being prepared for retirement. The easiest way to answer that question is to look at the ratio of wealth to income from the Survey of Consumer Finances (SCF), the Federal Reserve’s comprehensive survey of household wealth in the United States. The notion…
