Tag: SCF

Senior couple strolling happily along the beach in the sunshine

Much of the work we do suggests that people are not saving enough for retirement.  More specifically, since 2006 we have published our National Retirement Risk Index (NRRI), which uses the Federal Reserve’s triennial Survey of Consumer Finances to compare households’ projected replacement rates – retirement income as a percentage of pre-retirement income – with targets…

Older couple signing documents in an office

For many reasons, we have been looking at the sources of income for households ages 62-75 – a group eligible for Social Security, many of whom could be presumed to be retired.  Three patterns emerged when comparing data from the Federal Reserve’s 2019 Survey of Consumer Finances (SCF) with the 1995 SCF.  Earnings have becom…