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Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
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MAP Retirement
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July Business Services
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Retirement Plan Administration Consultant Blue Ridge Associates
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Pentegra
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Managing Director - Operations, Benefits Daybright Financial
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Retirement Plan Consultants
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ESOP Administration Consultant Blue Ridge Associates
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Anchor 3(16) Fiduciary Solutions
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Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
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Regional Vice President, Sales MAP Retirement USA LLC
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BPAS
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BPAS
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Miscalculating the Retirement Income You'll Need
The Wall Street Journal; subscription may be required
July 14, 2014 "Financial advisers measure replacement rates relative to final earnings ... The [Social Security Administration (SSA)] ... measures replacement rates relative to the wage-indexed average of lifetime earnings.... These are very different numbers that produce very different outcomes.... Retirement plans are in theory designed to help retirees maintain their standard of living as they move out of the labor force. The SSA's wage indexing overstates an individual's pre-retirement earnings, which raises the bar for what counts as adequate retirement income." MORE >> |
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