Employment Retirement Readiness – Are they ready?

One way you can really help with your Employee Management is to provide your employees with a great understanding of how to successfully retire. When to do it, how much you need, how to plan for it are all great questions. Here is an article with a related PDF download from the Employment Benefit Research Institute that is a 2010 update and uses the most recent data and considers retirement plan changes (e.g., automatic enrollment, auto escalation of contributions, and diversified default investments resulting from the Pension Protection Act of 2006) as well as updates for financial market performance and employee behavior (based on a database of 24 million 401(k) participants).  Here is the link:

The EBRI Retirement Readiness Rating:™ Retirement Income Preparation and Future Prospects

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