NAPA Net - Polling Places 111717 |
What's Your Measure of Retirement Income Adequacy?
A recent report by the Congressional Budget Office outlines a variety of the current methods used for measuring the adequacy of retirement income.
The CBO report notes that the adequacy of retirement income generally has been defined in two main ways: whether it satisfies basic needs and whether it allows retirees to maintain their pre-retirement standard of living, explaining that economists and financial advisers generally use the second definition.
This week, we'd like to know which one(s) you use - and why.