Milliman Debuts Retirement Planning Tools

Milliman Inc. has rolled out PlanAhead, tools and targeted services for employee retirement planning.
Reported by Rebecca Moore

Included in the suite of services is PlanAhead for Retirement, a participant Web application that serves as a single destination for all of a participant’s retirement planning and investing activities. The tool allows participants to understand their retirement preparedness at a glance, providing insight that is individualized and specific.  

Participants can supplement their defined contribution (DC) and defined benefit (DB) retirement plan information with other assets and investments, and will receive a snapshot of their progress toward retirement goals. Underlying this snapshot is a Monte Carlo simulator that runs thousands of scenarios to project likely outcomes. Participants can then make adjustments and chart the long-term implications of different investment and saving strategies.   

These features are complemented by a library of retirement information and educational resources.   

For more information, visit www.milliman.com or contact a Milliman consultant.

Tags
Defined benefit, Defined contribution, Investing, Participants,
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