Will the Rebound in Equities and Housing Save Retirement?

Source: Alicia H. Munnell, Anthony Webb and Rebecca Cannon Fraenkel, Center for Retirement Research at Boston College, IB#13-17, December 2013

The brief’s key findings are:
– The 2010 National Retirement Risk Index showed that 53 percent of households will not be able to maintain their standard of living in retirement.
– But equity and house prices have both increased since then.
– Interestingly, updating the asset values only reduces the Index to 50 percent because:
– the rise in house prices has been relatively modest in real terms; and
– the more robust growth in stocks mainly benefits the top third of households.