Retirement Readiness: Re-setting Expectations

Published Updated 3 Min Read

Ater talking with retirement plan participants over the past 25 years, I believe most 401(k) plan participants think their retirements will feature: 

  • No reduction in standard of living.  Everyone is expecting to retire and live in the same house, go out to dinner just as often, enjoy vacations with the same frequency, etc.
  • More leisure time with the financial resources available to underwrite hobbies, travel, lifestyle, etc.
  • An income replacement ratio of 100% or more of pre-retirement income. 
Robert C. Lawton
President

Robert C. Lawton, AIF, CRPS is the founder and president of Lawton Retirement Plan Consultants, LLC. Mr. Lawton has over 30 years of retirement plan consulting and administration experience and has … Read full bio


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