Tag: retirement
The brief’s key findings are: The National Retirement Risk Index shows that changes in interest rates have only a modest effect on retirement preparedness for three reasons: Most households have relatively little financial wealth to annuitize. The effect on annuity income is muted, because the principal portion of the annuity payout is unaffected by interest…
The financial media (including this blog) inundate baby boomers with articles cajoling, coddling, and counseling them about their every retirement concern. But members of the Me Generation might want to focus on their children: retirement is likely to be an even greater financial challenge for Generation X, now in their 30s and 40s. Economists at…
