Based on your current resources and projected needs:
104%
Funded
Based on your current resources and projected needs:
What this means: Based on these assumptions, your projected resources exceed your projected needs by about 4%. You appear to be funded for a 30-year retirement at your target spending level.
What this doesn't mean: This is not a guarantee. Markets fluctuate, plans change, and life surprises us. A 104% funded status provides a modest cushion, but not an unlimited one. We'd want to revisit this annually and stress-test against less favorable scenarios.