Planning for Retirement: The Role of 401(k)s in Retirement Income

401(k)s should account for an average of 35% of income in retirement if households are to maintain their pre-retirement standard of living, based on research by the Center for Retirement Research at Boston College (CRR). Using their National Retirement Risk Index model, the CRR explored the role of 401(k)s in providing retirement income among low, middle, and high income households, and also determined the 401(k) savings rates required to meet retirement income objectives.

Prudential's summary of this research, "Planning for Retirement: The Role of 401(k)s in Retirement Income,"  discussed implications of this research for individuals, plan sponsors, financial advisors, and policymakers.

Prudential is the exclusive sponsor of the NRRI.

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