Predicting retirement income levels from a DC plan with as much accuracy as possible is a complex task. Adding to the complexity of the predictive calculation is our growing appreciation that each plan member is unique and has his / her own individual retirement income needs.
So, how can we help plan members to be more successful in achieving their personal retirement income objectives?
The answer is simple: data.
Speaking of data...
Do you measure your plan members' outcomes? Take our quick three-question poll, and see how you trend. We'll publish results in the next issue of CAPit.