trendspotting
Women Could Face More Savings Shortfalls than Men
Recent research from Hewitt Associates says both women and men are on track to replace 85% of pay at retirement, assuming average life expectancy; however, women need to replace 130% of their final pay, while men need to replace 123% of pay at retirement.
Reported by
Rebecca Moore
To access this premium content, please sign up for a free account!
You Might Also Like:
WTW Launches Via Wealth Business for DC Plans
The firm is offering personalized advice and a marketplace of annuity products.
Capital Group Argues TDFs Can Be a Retirement-Income Solution
A new research paper says withdrawal-rate frameworks can help support sustainable retirement income without relying on guaranteed-income products.
Cerulli, Guardian Highlight Need for Range of Retirement Income Options
Plan participants’ needs are broader than a one-size-fits-all option.
