Closing the Retirement Readiness Gap Through Personalization

Many participants are drifting toward retirement without a clear path, while most plans still treat them as if they all look the same. That creates real workforce and fiduciary challenges for Plan Sponsors — and a meaningful opportunity for you as an advisor.

Research from Morningstar found that target date fund glide paths are very similar across industries, despite meaningful differences in wages and in the percentage of workers who continue working past age 65. In other words, most participants are placed into “one-size-fits-all” glide paths that may not reflect their actual financial profiles or retirement timing.

What if you could walk into your next client meeting with a practical way to help more employees retire on time, reduce financial stress and workforce drag, and demonstrate proactive oversight through a more modern, personalized approach?

Join us for an advisor-focused look at iGPS Personalized Target Dates and how this approach supports more individualized retirement strategies — while strengthening your value proposition. We'll be discussing:

• How personalized target dates can better support diverse participant needs
• Key considerations for incorporating iGPS into an existing plan lineup
• Practical ways to position personalization as a tangible value-add for Plan Sponsors and workforce outcomes

Source: Zuss, N. (2022, August 25). Target-date glide paths are not personalized across industries. PLANSPONSOR.