Texas Tech University

There’s good news at last on the retirement front


June 1, 2016

NBR-Retirement can conjure up a lot of worrisome prospects, from physical decline to diminished social contact — and then there’s the money.

The good news on spending extends across most income groups. Most households with total average retirement income of as little as $32,610 generally had more coming in than they were spending, according to a recent study by Chris Browning of the department of financial planning at Texas Tech University and several colleagues.

Read the story here.