Tag: SCF

Hand holding coins in birds nest.

The brief’s key findings are: The 2019 Survey of Consumer Finances offers a picture of households’ 401(k)/IRA assets after a period of strong economic growth and stock market gains. And these balances may not differ much from today, as the market is modestly higher in 2020 and most job losses have been borne by thos…

Seniors climbing coin stacks

What kind of financial shape are retirees in? A 2017 study refocused attention on this old question, and it has taken on greater urgency as more and more baby boomers retire. The study looked at the accuracy of the U.S. Census Bureau’s Current Population Survey (CPS) and confirmed earlier research showing that it dramatically under-estimates…