Tag: SCF
The term doesn’t really matter, but about half of households are not doing so well. Reporters always want to know “crisis” or “no crisis.” I don’t think the term is particularly important with respect to retirement security, but observation after observation paints the same picture – roughly half of households are not in good financia…
Looks like fintech is working its magic. Based on an inquiry from a reporter, my colleagues JP Aubry, Yimeng Yin, and Angie Chen have been fooling around with data on holdings of Roth IRAs from the Federal Reserve’s 2022 Survey of Consumer Finances. Since assets in IRAs account for more than half of all assets…