1. Retirement Savings Challenges and Solutions
Consumer Federation of America
Financial Services Conference
12/6/2013

2. Moderator and Panelist: Dallas Salisbury, EBRI Panelists:
Elaine Sarsynski, Mass Mutual
Lisa Mensah, The Aspen Institute
David John, AARP

3. % Sponsorship, Participation and Vesting 1940-2012

4. Sources of Income, Americans Age 65 and Older, 1974 and 2012
Sources: EBRI estimates from the 1975 and 2013 Current Population Surveys.

6. How Big Do Balances Need to Be for 100% Replacement?
Sunday, May 20, 2018
How Big Do Balances Need to Be for 100% Replacement?
Income distribution of those age 65 and older in 2010—$ to achieve 100% income replacement with annuity purchase.
Percentile
By Income
SSA Income SS
Repl. %
Income to reach 100%
IMA.com*
25th
$10,757
92%
$860
$12.5K
50th
$18,000
84%
$2,880
42K
75th
$33,600
57%
$14,448
210K
14.4% had income of $50,000 or more
IMA.com quotes on September 13, 2011 for female age 65 in GA
not inflation indexed
no guarantee period
no survivor benefit
First level
Second level
Third level
Fourth level
Fifth level

7. Quintiles of 2010 year end 401(k) balances for ages 60-65 by tenure category

8. Moderator and Panelist: Dallas Salisbury, EBRI Panelists:
Elaine Sarsynski, Mass Mutual
Lisa Mensah, The Aspen Institute
David John, AARP