Fewer Households Expected to Face Retirement Savings Shortfall
Just over four in 10 U.S. households are projected to run short of money in retirement, according to an updated analysis from EBRI.
Tag: retirement savings shortfall
Auto-IRAs Could Reduce Retirement Savings Shortfall by 16%
EBRI decided to look closer at the way a number of states have launched their own automatic retirement savings initiatives.
Auto-Portability, Universal Coverage Would Reduce Retirement Shortfall
EBRI says that if the Automatic Retirement Plan Act of 2017 was combined with auto-portability, the retirement savings shortfall of $4.13 trillion would be reduced by $932 billion, or 22.6%.