The National Retirement Risk Index

Munnell, Alicia Haydock, Anqi Chen, and Robert Siliciano. “The National Retirement Risk Index”. Issue in Brief 21-2, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, January 2021. http://hdl.handle.net/2345/bc-ir:109044.
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Abstract

The brief's key findings are: From 2016 to 2019, the National Retirement Risk Index (NRRI) fell slightly from 50 percent to 49 percent. This improvement reflected gains in stock and, particularly, house prices, which were partly offset by lower interest rates and Social Security replacement rates. In 2020, the economy was hit by COVID and the ensuing recession. Higher unemployment in 2020, offset somewhat by the continued rise in stock and house prices, increased the NRRI to 51 percent. In any case, half of today’s workers remain unprepared for retirement, underscoring the need for universal access to employer-based savings plans.

Title
The National Retirement Risk Index: An update from the 2019 SCF
Author
Munnell, Alicia Haydock
Chen, Anqi
Siliciano, Robert
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
January 2021
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
21-2
Persistent Link
http://hdl.handle.net/2345/bc-ir:109044
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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