Posts from July 17, 2012

WHAT IS A “REASONABLE” RETIREMENT SAVINGS RATE?

How much salary should you defer into a retirement plan? Ultimately, the answer is “however much your budget allows you to contribute”. The big-picture question, however, is whether you need to contribute more to your retirement savings in order to maintain your lifestyle after your career is done. An Aon Hewitt analysis (The Real Deal: 2012 Retirement Income Adequacy