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Wealth, Income, and Poverty

Recent Changes in U.S. Family Finances: Evidence from the 2001 and 2004 Survey of Consumer Finances

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The Federal Reserve Board’s Survey of Consumer Finances for 2004 provides insights into changes in family income and net worth since the 2001 survey. [NOTE: See Table 5 on pp. A11-A14 and page A16 for information on retirement accounts (does not include defined benefit pensions).]

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Sorting Out Social Security Replacement Rates

Publication

The Social Security Administration provides two sets of replacement rates. The methods used to calculate the two involve different measures of pre-retirement earnings, different employment patterns, and different retirement ages. This brief explains these differences.

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