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Future retirees face high risk of lower living standards,greater income inequality

Oct. 2011

by Hisashi Kaneko

We quantitatively modeled the post retirement standard of living of future retirees reaching age 60 in 2039. We found that, absent robust economic conditions in the interim, most households headed by members of this birth cohort will have a lower post retirement standard of living than today's retirees. Additionally, economic inequality among retiree households is likely to be even greater in 30 years than today.

*Organization names and job titles are current as of the publishing dates

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Author's Profile

Hisashi Kaneko

Senior Researcher,
Financial Market & Innovation Research Department

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