Approximately 56.7 percent of early baby boomers, 58.5 percent of late boomers, and just under 58 percent of gen Xers are projected to not run short of money in retirement, according to an updated analysis of the EBRI's Retirement Readiness Ratings (RRRs).

Those results are somewhat higher than EBRI's 2013 analysis, based on changes in the market value of defined contribution and individual retirement account (IRA) assets, as well as the increase in housing values during that period.

The RRRs increased by1.6 percentage points, from 55.1, for the Early Boomers; by 1.0 percentage points, from 57.5 percent, for Late Boomers; and by 0.5 percentage points, from 57.2 percent, for Gen Xers.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.