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Flaws in the Pew Report on Retirement Readiness
Nevin Adams, Employee Benefit Research Institute [EBRI]
[Opinion] May 31, 2013
"[T]he Pew report appears to assume no further contributions, either by employer or employee, to the defined contribution balances as of 2010. That's right, no further contributions beyond the self-reported participant balances of 2010, and no earnings projection on those assumed non-existent contributions, either. This assumption likely serves to understate the future retirement readiness of younger workers, who have years, and in many cases decades, of savings ahead of them."
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