Can you predict how much you'll actually need at retirement? If you've set a retirement income goal for yourself, chances are you're in a better position to actively manage how you're going to reach that financial goal, according to new analysis from Diversified.
Diversified's Retirement Research Council found employees have become more active in their retirement planning within the last year. Specifically, 29 percent of respondents to its survey established a retirement income goal in the past year, an eight percentage point increase from 2010.
Forty-one percent increased the amount they are saving for retirement, a three percentage point increase over last year. In addition, 62 percent of those surveyed said they monitored their retirement outlook to assess where they stand vis-à-vis their retirement income goals and for insight into how they can adjust their asset allocation or contribution level to improve their outlook.
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