Households 'at risk'

Munnell, Alicia Haydock, Francesca Golub-Sass, Pamela Perun, and Anthony Webb. “Households 'at risk'”. Issue in Brief 7-2, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, January 2007. http://hdl.handle.net/2345/bc-ir:104335.
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Abstract

The Center's National Retirement Risk Index (NRRI) provides a measure of the percentage of households that will be unable to maintain their standard of living in retirement. Issued in June 2006 with numbers based on the 2004 Federal Reserve's Survey of Consumer Finances, the Index shows that 43 percent of the population will be 'at risk.' 'At risk' means different things, however, for households in different parts of the income distribution. For those in the top third, 'at risk' may require cutting back on some of the normal amenities enjoyed before retirement, but for those in the bottom third 'at risk' may mean foregoing essentials. This brief takes a closer look at the NRRI for the bottom third of the population...

Title
Households 'at risk': A closer look at the bottom third
Author
Munnell, Alicia Haydock
Golub-Sass, Francesca
Perun, Pamela
Webb, Anthony
School
Carroll School of Management
Discipline
Finance
Center
Center for Retirement Research
Genre
report
Date Issued
January 2007
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
7-2
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104335
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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