At current savings rates, Americans are on track to replace over half of their current income in retirement. Having access to a workplace-sponsored retirement plan, meanwhile, is the No. 1 factor in determining retirement success.
The 2015 Lifetime Income Score research, spearheaded by the newly launched Empower Institute, shows working Americans on pace to replace 58% of their current income in retirement, a slight drop from 61% in 2014. That percentage includes Social Security.