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income replacement ratio

The percentage of working income that an individual needs to maintain the same standard of living in retirement; usually 60-90%.

Related information about income replacement ratio:
  1. 2008 Replacement Ratio Study™ - Aon
    Results of 2008 Retirement Income Replacement Ratio. Study—Baseline Case. 2008 Baseline Case Results. Married Couple (One Wage Earner); Age 65 ...
     
  2. What is income replacement ratio? definition and meaning
    Definition of income replacement ratio: The percentage of working income that an individual needs to maintain the same standard of living in retirement; usually ...
     
  3. Calculating a Retirement Income Replacement Ratio | Go To ...
    Oct 30, 2009 ... If you are like many not-yet-retired baby boomers, you want to know what percentage of your pre-retirement income you will need when you are ...
     
  4. Income Replacement Ratios in the Health and Retirement Study
    This article describes the income replacement ratio as a measure of retirement income adequacy and identifies several issues analysts must consider when ...
     
  5. Secret to a 401(k) Plan's Success: The Income Replacement Ratio
    Apr 9, 2012 ... Sponsors of defined contribution retirement plans often encounter the problem of how to measure the success of their plan in meeting the future ...
     
  6. Income Replacement Ratio: Definition from Answers.com
    Income Replacement Ratio Percentage of income required by a retiree to maintain a desired standard of living during the retirement years.
     
  7. TOC News » Retirement study: High Income Replacement Ratio?
    Nov 17, 2012 ... So, my understanding is that at age 55, which is the age used to compute the Income Replacement Ratio (IRR), the real earnings would be ...
     
  8. Vanguard - Savings rates and replacement ratios: Both are important
    Aug 15, 2012 ... Saving more—and starting to save earlier—can help your participants reach their desired income-replacement ratio in retirement.