Recent literature on retirement income adequacy among boomers is examined in this AARP Public Policy Institute Issue Paper by Sophie Korczyk of Analytical Services, Inc. She identifies and examines three types of studies: replacement rates (calculated by dividing income in retirement by pretirement income), intergenerational comparisons, and forecasts of savings and wealth adequacy. The paper underscores the impact of marital status and education level on standard of living in retirement. It concludes that the news is generally good for boomers in terms of retirement income, but that most of the studies do not take into account the risks that retirees face, including risks related to investment, longevity, and health care costs and needs. … Back to Article
You can get weekly email alerts on the topics below. Just click “Follow.”Manage Alerts
Jobs You Might Like
Discounts & Benefits
From companies that meet the high standards of service and quality set by AARP.
Members save 15% on eligible products/services, 5% on UPS shipping at The UPS Store®.
Small business owners save 20% on new installation of any new ADT security system.
Free quotes for members from the AARP® Small Business Insurance Program.
Renew today! Members receive exclusive member benefits & affect social change.
Rewards for Good
Your Points Balance:
Earn points for completing free online activities designed to enrich your life.
Featured ways to earn points:
Redeem your points to save on merchandise, travel, and more.