Investment Consulting

Rethinking retirement adequacy

For years, people have used the 70% target for employment earnings replacement in retirement. But new research finds that old rule of thumb has no scientific basis—and it’s definitely not for everyone!

Bonnie-Jeanne MacDonald

In this exclusive interview, Canadian actuary and academic researcher Bonnie-Jeanne MacDonald explains why we need to scrap the 70% rule — and use the Living Standard Replacement Rate (LSRR) instead.

Read the interview »

Want to know more?

 For more information contact Janice Holman.
  • What is the LSRR?

    LSRR Plan Members

    Click the image above to find out how much you really need to save to retire on track.

  • Making headlines: LSRR

    The measure Eckler uses to evaluate retirement adequacy is quickly gaining traction. Read the latest interview with Bonnie-Jeanne MacDonald, PhD FSA, who spoke with Rob Carrick about how the Living Standard Replacement Rate (LSRR) is replacing old, ineffective measures.

    The new way to tell if you've saved enough for retirement

    Globe and Mail, February 5, 2017