title: Replacement ratio redux.
abstract: Disconnects between what employees need and expect to receive during retirement and what employer-sponsored plans provide can create workforce issues with important implications. By creating a model that analyzes the spend-down phase of retirement, the authors provide a framework for better understanding what employees will need to save during their working lifetimes.
authors.affiliation: Mercer Human Resource Consulting, Chicago, USA.
authors.forename: Jerrold
authors.initials: J
authors.lastname: Levy
authors.forename: Michael
authors.initials: M
authors.lastname: Young
mesh_terms: D000368:Aged; D000369:Aged, 80 and over; D005260:Female; D006264:Health Benefit Plans, Employee / Q000191:economics; D006801:Humans; D007250:Inflation, Economic; D008136:Longevity; D008297:Male; D006278:Medicare; D008875:Middle Aged; D010415:Pensions; D010934:Planning Techniques; D012179:Retirement / Q000191:economics*; D012456:Salaries and Fringe Benefits; D014481:United States