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How Today’s Workers Can Dodge the Retirement Crisis
Trying to figure our whether mid-career folks like myself are adequately preparing for retirement can get a bit confusing. If you look at Boston College’s National Retirement Risk Index (NRRI), as of 2013 as many as 52% of households aged 30-59 are at risk of falling at least 10% short of being able to produce an adequate “replacement rate” of income. That doesn’t sound too good, does it? But a discussion of the methodology of this survey and others at a recent meeting of the Retirement Research Consortium in Washington D.C., shows that things might not be so dire after all….Read More
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