Can America Afford Tomorrow's Retirees: Results from the EBRI-ERF Retirement Security Projection Model

American retirees will have at least $45 billion less in retirement income in 2030 than what they will need to cover basic expenditures and any expense associated with an episode of care in a nursing home or from a home health care provider. The aggregate deficit in retiree income during the decade ending 2030 will be at least $400 billion. These findings are from an analysis by the Employee Benefit Research Institute (EBRI) in collaboration with the Milbank Memorial Fund, known as the EBRI-ERF Retirement Security Projection Model.