How much should you and your employees save for retirement? The Social Security Administration helps to answer that question on its Web site.
How much should you and your employees save for retirement? The Social Security Administration helps to answer that question on its Web site, via several versions of a calculator, which estimates a person’s potential Social Security benefits using retirement dates and levels of future earnings. The “Quick” version gives a rough estimate using your date of birth and this year’s earnings. The “Online” version requires your complete earnings history. The “Detailed” version needs to be downloaded onto your computer and provides the most precise estimates.
NADART offers a number of its own online calculators (e.g., Increase Savings, Lunch Savings, Return on 401(k) Investment, etc.), which can further assist you in determining how much to save for retirement. If you don’t currently sponsor a 401(k) plan or if you would like to see how a NADART Plan matches up with your current provider’s plan, please complete our Product Information Request Form.