SCEPA’s Retirement Equity Lab (ReLab) today released a report that is the first to quantify the real effect of the retirement crisis – poverty. The report, “Are U.S. Workers Ready for Retiment?” identifies the share of people whose projected income in retirement will be below poverty across states. This message of downward mobility is important both to individuals whose retirement institutions are failing them and policy makers who will inherit the impact of increasing poverty on both social welfare and municipal budgets.
Read more at The Schwartz Center for Economic Policy Analysis
