Tag: retirement
The brief’s key findings are: The 2010 National Retirement Risk Index showed that 53 percent of households will not be able to maintain their standard of living in retirement. But equity and house prices have both increased since then. Interestingly, updating the asset values only reduces the Index to 50 percent because: the rise in…
The equity in older Americans’ homes has risen smartly over the past year, fueled by the housing market rebound. But whether retirees will tap these gains to pay their bills remains in doubt. Equity values for homeowners who are 62 or older was $3.34 trillion in the second quarter of this year – nearly 10…
