For institutional investor use only. Not for use with or distribution to the public.

Target Date Plus Calculator

A next-generation
default solution

What if you could combine the benefits of a Target Date Option, with the ability to help reduce interest rate risk, plus provide the opportunity to provide lifetime income?

Target Date Plus is an asset allocation concept that combines the advantages of a Target Date solution with a guaranteed fixed annuity. In this concept the bond allocation in the Target Date solution is replaced with a guaranteed fixed annuity.

Enter/choose your plan demographic averages

We can use Monte Carlo simulation to compare a Target Date option to the Target Date Plus solution.

  • Either use the defaults provided below or change the numbers to be more representative of participants you work with.
  • When you’re ready select the calculate results to see the probability of successfully meeting the stated inflation adjusted income in retirement and the range of outcomes around the ending account balance for both options.
Age
18
55
Compensation
$25k
$275k
Employee and employer combined contribution rates
3%
20%

The projected inflation adjusted compensation at age 65 is

Annual Income Need
(in retirement)*
$6k
$300k

*Annual Income Need (in retirement) is in future dollars.


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