EBRI Calculates 'Realistic' Income Replacement Rates…

January 2007
Journal of Financial Planning;Jan2007, Vol. 20 Issue 1, p12
Academic Journal
The article discusses a report by the Employee Benefit Research Institute which suggests a new approach to replacement-rate calculations for retirement. The institute suggests that traditional replacement-rate calculations are misleading because they are limited to the replacement of preretirement cash flow and ignore the three key risks of retirement, which are identified as investment, longevity, and health. The report also claims that retirement planning models use average values that lead to a low success rate.


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