As people live longer and employers continue to phase out defined benefit plans in favor of defined contribution (DC) plans, the task of funding and determining their spending in retirement has become more complex. In navigating the many choices and uncertain variables in managing their DC plans – such as deciding how much to save, where to invest it, and how much money they’ll need to spend throughout retirement – it’s easy for participants to make wrong guesses and costly mistakes.
A Field Guide to Retirement Income Strategies
Participants eagerly want employers to deliver guaranteed income strategies in simple, easy-to-use solutions – such as a target date fund
Retirement income strategies
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