Insights Blog

40% of Older Americans Will Experience Downward Mobility

February 14, 2018
40% of Older Americans Will Experience Downward Mobility

ReLab's new report, "40% of Older Workers and Their Spouses Will Experience Downward Mobility in Retirement," finds that inadequate retirement accounts will cause 8.5 million middle-class older workers and their spouses to be downwardly mobile in retirement, falling into poverty or near poverty in their old age.

 

 

Our Downward Mobility Report in the news:

"Never mind the Social Security increase, seniors are in trouble — here’s why" (Paul Brandus, Marketplace)
"40% of the American middle class face poverty in retirement, study concludes" (CNBC, Elliot Dinkin)
"Millions of Americans Will Face Poverty in Retirement, Study Finds" (Telesur)