Determining your retirement income needs and monitoring your progress toward your goal can mean the difference between having a comfortable, financially secure retirement and struggling to afford the bare necessities.
Participants in Wespath-administered retirement plans can project their retirement income using the Retirement Benefits Projection tool in Benefits Access (BenefitsAccess.org)—and it only takes a few minutes! Enter the requested information in the tool and select your distribution option(s) for an in-depth estimate of your Wespath-administered retirement accounts projected to your retirement date. You can also call EY Financial Planning Services to receive personalized, one-on-one guidance at no additional cost.1
Take this opportunity to make a difference in your retirement by saving more. Experts recommend that you save 10% to 20% if you start in your 20s, or 15% to 25% if you start in your 30s. Remember, employer contributions count!
View the assumptions and methodology used to project your benefits.
1Costs for these services are included in Wespath’s administrative fees that are paid for by the funds. Services are available to active participants, surviving spouses with account balances, and retired and terminated participants with account balances of at least $10,000.