Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Do You Really Need to Save That Much for Retirement?
Morningstar [Opinion] Oct. 12, 2021 "Financial journalists often mention salary-based rules of thumb -- such as those published by Fidelity and other asset-management firms -- for retirement savings.... These guidelines can be appealing because of their simplicity ... [A]sset-management firms (and most financial advisors) have a vested interest in getting investors to save more because higher balances translate into higher fees. [This article will] test whether these guidelines are reasonable and dig into the assumptions behind them [and] explain why they might not be an accurate benchmark for every investor. " |
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