Researchers examined 4 surveysthat have been called into question to see whether underreportingof retirement income is a common failing, or solely the province ofthe CPS. (Photo: Shutterstock)
In the great debate over retirement preparedness, which comes downheavily on the side of many workers being poorly, if at all,prepared, arguments surface from time to time that perhaps thepicture isn't as gloomy as it's generally made out to be.
According to a brief from the Center for Retirement Researchat Boston College, recent research “has redocumented that theCensus Bureau's Current Population Survey (CPS) understates retirement income.”
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
