Example: Loss of Retirement Benefits
Employee - Age 40
Total Compensation |
$100,000
|
$ 550,000
|
401K Contribution |
$10,000
|
$ 55,000*
|
|
401K Match |
$4,000
|
$22,000*
|
Total |
$14,000
|
$77,000
|
Loss @ 65 @ 9% |
$1,292,536
|
$7,108,946
|
* Includes non-qualified plans
Two ways to protect your retirement savings:
Employee - Age 40
Total Compensation |
$100,000
|
$ 550,000
|
50% DB Pension at Age 65* 5% Salary Scale
Annual Loss |
$149,875
$99,875 |
$824,313
$549,313 |
|
Present Value 15 Years @ 5% |
$1,088,502
|
$5,986,765
|
* Includes non-qualified plans
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