Retirements at Risk: A New National Retirement Risk Index

TitleRetirements at Risk: A New National Retirement Risk Index
Publication TypeReport
Year of Publication2006
AuthorsMunnell, AH, Webb, A, Delorme, L
InstitutionCenter for Retirement Research at Boston College
KeywordsMethodology, Public Policy, Retirement Planning and Satisfaction
Abstract

Americans weaned on post-war affluence have come to expect an extended period of leisure at the end of their work life. And, indeed, the majority of today s retirees are able to afford a decent retirement. However, this group is living in a golden age that will fade as Baby Boomers and Generation Xers reach traditional retirement ages in the coming decades. This gloomy prediction reflects the trend towards longer retirements and likely declines in retirement incomes relative to pre-retirement earnings known as replacement rates. Because many Americans appear unaware of these disquieting trends, the Center for Retirement Research at Boston College has developed the National Retirement Risk Index. The Index measures the share of working-age households who are at risk of being unable to maintain their pre-retirement standard of living in retirement.

URLhttp://crr.bc.edu/images/stories/Briefs/ib_48.pdf
Endnote Keywords

retirement planning/Public Policy/National Retirement Risk Index/National Retirement Risk Index

Endnote ID

62680

Citation Key5677