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Pensions and benefits. (From the Library).(Brief Article)
"Are Expert Assumptions Faulty?
Nevin Adams and Fred Schneyer
Plan Sponsor, April 2002, pp. 78-83
This article examines the assumptions individuals use to chart their course for retirement. There are three key assumptions that may nor necessarily hold true: 1) you will be in a lower tax bracket at retirement; 2) for the most part, you will spend money on the same things as when working; and 3) you will not need 100 percent of your pre-retirement income. The last assumption is critical, as it determines how much you should be saving now. The article cites a joint Aon Consulting-Georgia State University study that identifies ...
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