◀ The Principal Blog

Posts from the ‘Defined Benefit’ category

Really?? I’m saving too much for retirement?



A conventional rule of thumb says you may need to save 80% of your income to live comfortably in retirement. For most, this is a good place to start. For some, it may be too much.

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Be an Elephant with your defined benefit plan – don’t forget!



2013 was a great year for defined benefit (DB) plans.  A recent report by Mercer said that pension plans of the S&P 1500 companies are now 95% funded, up from 74% a year ago.  Fueled by record high stock market levels, strong contributions by plan sponsors and modest increases in interest…

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