NRRI update shows half still falling short

Munnell, Alicia Haydock, Wenliang Hou, and Anthony Webb. “NRRI update shows half still falling short”. Issue in Brief 14-20, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, December 2014. http://hdl.handle.net/2345/bc-ir:103775.
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Abstract

The brief's key findings are: (1) Between 2010 and 2013, the National Retirement Risk Index improved only slightly, dropping from 53 percent to 52 percent of working-age households. (2) This result may seem surprising given that the stock market was up and housing prices had begun to rebound. (3) But other factors ­– Social Security's rising “Full Retirement Age,” declining interest rates, and changes in reverse mortgage rules – acted as counterweights. (4) The bottom line is that retirement security remains a serious challenge; Americans need to save more and/or work longer.

Title
NRRI update shows half still falling short
Author
Munnell, Alicia Haydock
Hou, Wenliang
Webb, Anthony
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
December 2014
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
14-20
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:103775
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing retirement

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