The National Retirement Risk Index

The National Retirement Risk Index (NRRI) is a tool used to assess how many American households are at risk of not having enough savings to maintain their standard of living in retirement. Developed by the Center for Retirement Research at Boston College, the NRRI evaluates factors such as income, savings, and expected Social Security benefits. By comparing these elements to estimated expenses in retirement, the index helps identify the percentage of households that may face financial difficulties when they stop working, guiding policymakers and individuals in retirement planning strategies.