The Retirement Income Deficit

Source: Center for Retirement Research at Boston College and Retirement USA, 2010

What is the financial magnitude of the nation’s retirement income crisis? Retirement USA asked the respected non-partisan Center for Retirement Research at Boston College to calculate the figure that represents our current retirement income deficit – that is, the gap between the pensions and retirement savings that American households have today and what they should have today to maintain their standard of living. Using the data from the Federal Reserve Board’s Survey of Consumer Finances, the Retirement Research Center has calculated that figure at $6.6 trillion.
Related:
National Retirement Risk Index
Source: Center for Retirement Research at Boston College

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