The National Retirement Risk Index

Munnell, Alicia Haydock, Anthony Webb, and Francesca N. Golub-Sass. “The National Retirement Risk Index”. Issue in Brief 12-20, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, November 2012. http://hdl.handle.net/2345/bc-ir:103940.
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Abstract

The brief's key findings are: (1) The National Retirement Risk Index (NRRI), based on newly released Survey of Consumer Finances data, shows that over half of households may be unable to maintain their standard of living in retirement. (2) Between 2007 and 2010, the NRRI jumped by 9 percentage points due to: (2a) the bursting of the housing bubble (4.5 percentage points); (2b) falling interest rates (2.2 percentage points); (2c) the ongoing rise in Social Security's Full Retirement Age (1.6 percentage points); and (2d) continued low stock prices (0.8 percentage points). (3) The hardest hit households were those nearing retirement and those with high incomes.

Title
The National Retirement Risk Index: An update
Author
Munnell, Alicia Haydock
Webb, Anthony
Golub-Sass, Francesca N.
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
November 2012
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
12-20
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:103940
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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