Tag: Social Security claiming age
After nearly a century of decline, work activity among older men stabilized in the 1980s and since the early 1990s the average retirement age has increased by about three years. The question is whether the factors that led to the increase over the last 30 years – changes to Social Security, retirement plans…
The National Retirement Risk Index (NRRI) measures the share of working-age households that will be unable to maintain their pre-retirement standard of living once they retire. The Index is based on data from the Federal Reserve’s Survey of Consumer Finances and compares household projected replacement rates – retirement income as a percentage of pre-retirement…
