The National Retirement Risk Index: An Update from the 2022 SCF

Yimeng Yin, Anqi Chen and Alicia H. Munnell

Issues in Brief from Center for Retirement Research

Abstract: From 2019 to 2022, the National Retirement Risk Index improved substantially, dropping from 47 percent to 39 percent. Weathering the pandemic turmoil, households were buoyed by government stimulus, strong employment, and rising asset markets. The single biggest factor driving the improvement was soaring home values. Though these results are encouraging, most people do not tap their home equity in retirement and prices may not stay at such high levels. Importantly, even with what may be a temporary improvement, the NRRI shows that 2 in 5 of today’s working households could fall short.

Pages: 11 pages
Date: 2024-02
New Economics Papers: this item is included in nep-age
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https://crr.bc.edu/the-national-retirement-risk-in ... e-from-the-2022-scf/ R

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