The National Retirement Risk Index (NRRI) measures the share of working-age American households “at risk” of being unable to maintain their pre-retirement standard of living in retirement. ... As of 2010, the NRRI showed that, even if households worked to age 65 and annuitized all their financial assets (including the receipts from reverse mortgages on their homes), 53 percent of American households were at risk.By the way, the study shows that the problem has been getting worse.
Dec 24, 2013
Americans Aren't Prepared Financially For Retirement And The Problem Is Getting Worse
From the abstract of a study by the Center for Retirement Research at Boston College: