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Measuring the Adequacy of Retirement Income: A Primer

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  • Congressional Budget Office

Abstract

Over the next 30 years, the share of the U.S. population age 65 and older will increase from about 15 percent to almost 22 percent, spurring growing interest in understanding whether people will have adequate income in retirement. Current measures of the adequacy of retirement income offer diverse answers about the state of retirement income security in the United States. This report explains the various measures and approaches, providing a framework for further analysis.

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  • Congressional Budget Office, 2017. "Measuring the Adequacy of Retirement Income: A Primer," Reports 53191, Congressional Budget Office.
    • Handle: RePEc:cbo:report:53191
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    File URL: https://www.cbo.gov/system/files/115th-congress-2017-2018/reports/53191-retirementadequacy.pdf
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    Cited by:

    1. Gale, William & Gelfond, Hilary & Fichtner, Jason, 2018. "How Will Retirement Saving Change by 2050? Prospects for the Millennial Generation," MPRA Paper 99196, University Library of Munich, Germany.
    2. Yang Li & Jan E. Mutchler, 2022. "Poverty and self‐rated health in later life: The mediating role of material hardship," Social Science Quarterly, Southwestern Social Science Association, vol. 103(3), pages 521-533, May.
    3. Beirne, Keelan & Nolan, Anne & Roantree, Barra, 2020. "Income adequacy in retirement: Evidence from the Irish longitudinal study on ageing (TILDA)," Research Series, Economic and Social Research Institute (ESRI), number RS107.

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    More about this item

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions

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