DC structure/retirement outcome success

[ronin]

This is an interesting study by PIMCO on defined contributions and the factors that enter into a successful outcome in regards to retirement income:

http://www2.pimco.com/dc/pimco_dc_research_1210.pdf

"... how DC plans might be structured to provide better risk mitigation and help participants reach their retirement income goals."

[cloudeleven]

Quote:

Originally Posted by ronin This is an interesting study by PIMCO on defined contributions and the factors that enter into a successful outcome in regards to retirement income: http://www2.pimco.com/dc/pimco_dc_research_1210.pdf "... how DC plans might be structured to provide better risk mitigation and help participants reach their retirement income goals."

Interesting. I notice on page 9 that Greece's version of Social Security replaces 95 percent of one's pre-retirement final salary (!), plus free lifetime health care. No wonder their sovereign debt bomb exploded.