Tag: living standards
COVID-19, by rearranging work arrangements, is allowing people to rethink where they live. As the virus started to spread in Manhattan last spring, some residents fled the city and began snapping up houses in Westchester County and on Long Island. There is preliminary evidence some people are moving farther afield, to rural areas where sma…
Introduction Do today’s retirees have sufficient income to meet their needs? This brief is the third in a series examining replacement rates for current retirees. The first one looked solely at Social Security, the single most important source of retirement income. The second one added employer-sponsored pensions and other financial assets to provide a mor…
