Is Your DC Plan Successful?
Video: Is Your Defined Contribution Plan Successful?
Toni Brown, CFA, Retirement Strategy Group, American Funds
Toni Brown: “… The rule of thumb is that a participant needs to be saving 15% of their compensation every year from the time they start working. That’s a significant savings. Plan sponsors can drive that savings. And in addition to that, participants need to invest wisely. If they do those two things, they should have enough money for a very successful retirement.”
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