Record Details

The Continuing Retirement Savings Crisis

Journal of Insurance and Financial Management

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Field Value
 
Title The Continuing Retirement Savings Crisis
 
Creator Rhee, Nari
Boivie, Ilana
 
Description With the Baby Boom generation beginning to retire, more emphasis has recently focused on Americans’ financial security in retirement. Most recent studies show that many Americans are ill-prepared for retirement, and that they are highly anxious about their ability to retire. The financial crisis of 2007-2008 was a huge setback for households. This report examines the readiness of working-age households, based primarily on an analysis of the 2013 Survey of Consumer Finances (SCF) from the U.S. Federal Reserve. The study analyzes workplace retirement plan coverage, retirement account ownership, and household retirement savings as a percentage of income, and estimates the share of working families that meet financial industry recommended benchmarks for retirement savings. 
 
Publisher Journal of Insurance and Financial Management
 
Contributor —
 
Date 2016-07-22
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://journal-of-insurance-and-financial-management.com/index.php/JIFM/article/view/47
 
Source Journal of Insurance and Financial Management; Vol 2, No 1 (2016): Journal of Insurance and Financial Management
2371-2112
 
Language eng
 
Relation https://journal-of-insurance-and-financial-management.com/index.php/JIFM/article/view/47/pdf_1
 
Rights Copyright (c) 2016 Ilana Boivie
http://creativecommons.org/licenses/by/4.0