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Would Lifetime Income Estimates Lead to Behavior Change? (PDF)
Employee Benefit Research Institute [EBRI] Link to more items from this source
May 15, 2014
"[M]ore than half (58 percent) of workers who were currently contributing to an employer plan found the estimated monthly income was in line with their expectations, and perhaps as a result, relatively few (only 17 percent of the respondents) said they would increase their retirement savings contributions or anticipated retirement age as a result of hearing the monthly income estimate. However, of those responding that their illustrated value was much less or somewhat less than expected, more than a third (35 percent) indicated they would increase their contributions."

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