facebook-icotwitter-icogoogle-icorss-ico
connectsubscribearchives
Log in

Warning: Invalid argument supplied for foreach() in /home/rtmmemph/public_html/templates/gk_news2/html/com_content/article/default.php on line 13

Americans not prepared for retirement

An economic study released this week by Americans for Secure Retirement (ASR) reveals that residents in over 50 percent of the largest counties in the United States are not prepared for retirement.  These Americans, in 132 of the 250 largest counties across the country, face a high risk of not having enough income in retirement to allow them to maintain their standard of living.  The study, entitled “The Retirement Readiness Assessment: Are You Prepared?” assesses the retirement risk of the 250 largest U.S. counties in an effort to bring attention to the lack of preparedness across the country and the need for public policy solutions to address pervasive retirement insecurity in America... An economic study released this week by Americans for Secure Retirement (ASR) reveals that residents in over 50 percent of the largest counties in the United States are not prepared for retirement.  These Americans, in 132 of the 250 largest counties across the country, face a high risk of not having enough income in retirement to allow them to maintain their standard of living.  The study, entitled “The Retirement Readiness Assessment: Are You Prepared?” assesses the retirement risk of the 250 largest U.S. counties in an effort to bring attention to the lack of preparedness across the country and the need for public policy solutions to address pervasive retirement insecurity in America.

The study examines thirty economic and demographic variables for the 250 counties - including cost of living, home ownership data, access to pension funds and household income -each of which makes a county have higher or lower retirement risk.  The combination of these variables allows each county to be categorized on a relative scale according to their retirement preparedness ranging from “Very High Retirement Risk” to “Nominal Retirement Risk.”

Add comment


Security code
Refresh