The good news about the retirement crisis that every prospect needs to hear
March 31, 2015 by Nick Thornton
America’s retirement challenges are “eminently solvable” as workers are reporting more confidence in both the economy and their sense of job security, according to findings from the Lifetime Income Score report released by Empower Retirement, the retirement provider arm of Great-West Financial.
Though more confident, respondents’ median lifetime income score dipped slightly from last year. The average LIS, or the percentage of income projected to be replaced in retirement, is 58, down from an LIS of 61 last year.
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