Assessing Retirement Preparedness — Oblivious Investor


This week, two articles take very different approaches to the topic of retirement preparedness.

First, a paper from the Center for Retirement Research at Boston College uses data from the Federal Reserve’s Survey of Consumer Finances to calculate each household’s retirement preparedness and compares that assessment to the household’s own assessment

And then we have a survey from Fritz Gilbert, which asked pre-retirees and retirees the same set of questions, in order to find what retirees are actually concerned about versus the things that pre-retirees think they will be concerned about. (One big takeaway: 62{dec8eed80f8408bfe0c8cb968907362b371b4140b1eb4f4e531a2b1c1a9556e5} of retirees miss the social interaction from work, whereas only 29{dec8eed80f8408bfe0c8cb968907362b371b4140b1eb4f4e531a2b1c1a9556e5} of pre-retirees expect that to be an issue.)

Other Recommended Reading

Thanks for reading!

New to Investing? See My Related Book:




Investing Made Simple: Investing in Index Funds Explained in 100 Pages or Less



Topics Covered in the Book:

  • Asset Allocation: Why it’s so important, and how to determine your own,
  • How to to pick winning mutual funds,
  • Roth IRA vs. traditional IRA vs. 401(k),
  • Click here to see the full list.

A Testimonial:

“A wonderful book that tells its readers, with simple logical explanations, our Boglehead Philosophy for successful investing.”
– Taylor Larimore, author of The Bogleheads’ Guide to Investing

June 12, 2023



Source link