Getting on Track for a Sustainable Retirement: A Reality Check on Savings and Work

Pfau, Wade D.
October 2011
Journal of Financial Planning;Oct2011, Vol. 24 Issue 10, p38
Academic Journal
The article explores a framework use to determine whether clients in mid-career are making progress with their sustainable retirement plans. It cites combinations of savings rates and years of continued work that would allow clients to acquire sufficient amount by their retirement to afford their desired retirement expenditures. It cites aspects that influence the feasibility of a retirement plan such as the interactions of retirement age with Social Security, Medicare and other pensions, as well as administrative fees and the client's option in using an investment strategy. Moreover, charts are presented depicting the saving rates, stock allocations, and replacement rates for the safe retirement age based on wealth accumulation.


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