Future Retirees Will Be More Vulnerable to Market Shocks: CRR

Financial assets are expected to play an increasingly larger role as a source for retirees’ income, which increases their financial fragility, according to the Center for Retirement Research. In its latest report “Will the Financial Fragility of Retirees Increase?” CRR notes that the “increased dependence on financial assets” makes retirees more vulnerable to market downturns, especially…