The release of the Federal Reserve’s 2010 Survey of Consumer Finances is a great opportunity to reassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI). The NRRI shows the share of working households who are “at risk” of being unable to maintain their pre-retirement standard of living in retirement. The Index compares projected replacement rates – retirement income as a percentage of pre-retirement income – for today’s working households with target rates that would allow them to maintain their living standard and calculates the percentage at risk of falling short.