Tag: Survey of Consumer Finances
Every three years, with the release of the Federal Reserve’s 2013 Survey of Consumer Finances (SCF), we update our National Retirement Risk Index (NRRI). The NRRI shows the share of working-age households who are “at risk” of being unable to maintain their pre-retirement standard of living in retirement. Constructing the NRRI involves three steps: 1)…
New numbers suggest caution about cutting future Social Security benefits Now that the election is over, it’s time to pay attention to some of the nation’s underlying problems. One important concern is the inadequacy of the nation’s retirement income system. The National Retirement Risk Index (NRRI) shows the share of working households who are “at…
