The Retirement Glass Is Half Full
Things look better after easing unrealistic assumptions.
When it comes to estimating retirement costs, the wind always blows conservatively. Asset-manager companies would prefer having more money than less; financial advisors desperately wish to avoid having their clients go broke; and plan sponsors providing 401(k) tools would rather see their employees overshoot the market than undershoot. That makes sense. Who would advocate better sorry than safe?