Image Credit: shutterstock.com

Image Credit: shutterstock.com

Economics, U.S. Economy

Your retirement crisis, in 2 charts

In today’s Wall Street Journal, Syl Schieber and I return to the question of whether Americans face a “retirement crisis,” as many articles and organizations have claimed. The first chart is from the OECD and compares the income of retirees in a given country to the average income in that country. This isn’t a “replacement rate” as generally understood in the US, but it does show the relative well-being of workers and retirees. read more >