Im andrew biggs. And todays session is titled what can irs data tell us about retirement income. I can imagine a bgrade thriller movie that the tag line said what if everything you knew were wrong. This is a slightly modified version. The tag line might be, what if many of the things you know were wrong and what if many of those were about refirement incomes . Its not something quite as thrilling but something thats actually very, very important. And i think the fact is that much of what we think we know about retirement incomes, the statistics that drive Government Policies regarding Social Security and retirement plans may in fact be wrong. We think we know what retirees incomes are, what their poverty rates are, how dependent they are on Social Security benefits and how much they receive from private retirement plans. Ki pu i can pull some of those statistics from my hid. The poverty rate. Those statistics that i know, based on the data currently ice used. Some of the statistics are
The American Enterprise institute in washington, d. C. They looked at irs and Social Security data to determine how Many Americans will be ready for retirement. This is two hours. Thank you very much for coming today. I think well get started. Welcome to all the American Enterprise institute. Im andrew biggs. And todays session is titled what can irs data tell us about retirement income. I can imagine a bgrade thriller movie that the tag line said what if everything you knew were wrong. This is a slightly modified version. The tag line might be, what if many of the things you know were wrong and what if many of those were about refirement incomes . Its not something quite as thrilling but something thats actually very, very important. And i think the fact is that much of what we think we know about retirement incomes, the statistics that drive Government Policies regarding Social Security and retirement plans may in fact be wrong. We think we know what retirees incomes are, what their
Thank you very much for coming today. I think well get started. Welcome to all the American Enterprise institute. Im andrew biggs. And todays session is titled what can irs data tell us about Retirement Income. I can imagine a bgrade thriller movie that the tag line said what if everything you knew were wrong. This is a slightly modified version. The tag line might be, what if many of the things you know were wrong and what if many of those were about Retirement Incomes . Its not something quite as thrilling but something thats actually very, very important. And i think the fact is that much of what we think we know about Retirement Incomes, the statistics that drive Government Policies regarding Social Security and Retirement Plans may in fact be wrong. We think we know what retirees incomes are, what their poverty rates are, how dependent they are on Social Security benefits and how much they receive from private Retirement Plans. I can pull some of those statistics from my head. The
Welcome to all of the American Enterprise institute. Im mr. Bigs, scholar here at aei, todays session is what can irs data tell us about Retirement Incomes. When i was give this task, i thought a b grade tag line of what if everything you knew were wrong. This is a modified version of the tag line. What if many of the things were wrong and what if many of those were about Retirement Incomes of it is a not as thrilling but its something that is very important. And i think the fact is that much of what we think about we know about Retirement Incomes, the statistics that drive Government Policies regarding Social Security and Retirement Plans may be wrong. We think we know what retirement rates are, poverty rates are, how much they receive from private Retirement Plans. Can i pull some of those statistics from my head. The poverty rate for americans over 65 is a little bit under 10 . About a third of retiries receive almost all of their income from Social Security benefits. Those are stat
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