401(k) Fridays Podcast

Morningstar Research & Common Workplace Retirement Plan Assumptions

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Synopsis

Its episodes like these that were one of my primary motivations for starting the podcast, examining current beliefs or messaging in the marketplace and applying contemporary critical thinking to examine if they are still valid and reliable for both employers and employees in workplace retirement plans.  If you sponsor a 401(k) or other workplace retirement plans you have likely been given some off the cuff guidance on how much your employees should be saving for retirement, what is an adequate amount of income someone should be able to replace in retirement, what returns should people expect from their retirement savings and likely many others.  To help stress test these and other topics, I have David Blanchett, Head of Retirement Research at Morningstar to explore things!  He did such a great job so I’m not gong to steal his thunder; but I will say some things you have likely heard hold up, and others simply don’t.  While we tackle some meaty topics, I was incredibly impressed with David’s ability to break a