Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Retirees need 15.7 times final pay to meet expenses

X
Your article was successfully shared with the contacts you provided.
  • 15.7 – The amount an average U.S. worker will need to multiply their final pay by in order to maintain their current standard of living.
  • 14.4 The amount an average U.S. worker will need to multiply their final pay by in order to maintain their current standard of living if they work until age 67.
  • 4.7 – Social Security is expected to provide 4.7 times a worker’s final pay.
  • 18% – Percentage of workers who are on track to meet retirement goals.

Source: Hewitt Associates