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Retirement

National Retirement Deficit is currently estimated at $4.13 trillion

By February 18, 2015No Comments

As per EBRI’s recent report, the aggregate national retirement deficit number is currently estimated to be $4.13 trillion for all U.S. households where the head of the household is between 25 and 64, inclusive. When the scenario in which prorata reductions to Social Security retirement benefits are assumed to begin in 2033 is analyzed, the aggregate deficit increases by 6 per-cent to $4.38 trillion. If Social Security retirement benefits are assumed to be eliminated in 2015, the aggregate deficit increases by 88 percent to $7.87 trillion.

THESE ARE STAGGERING NUMBERS!!! READ THE COMPLETE REPORT HERE: EBRI_IB_410_Feb15_RSShrtfls