September 18, 2019

Retirement Income Security Evaluation Score (RISE Score™)

Retirement Income Security Evaluation (RISE) 
“evaluates just where you fall in terms of having steady income in retirement, much like a credit score, on a zero to 850 scale.”

“Consumers can access the tool online. After inputting factors such as the Social Security income you expect, any pension income you may have, how much you have saved and your monthly living and medical expenses, you can see how well you will fare financially in retirement.”

The tool is aimed at individuals ages 45 and up with investable assets of $75,000 to $2 million.

Check out the RISE score at: https://www.retireyourrisk.org/rise-score/

“The purpose of the Retirement Income Security Evaluation Score (RISE Score™) is to provide you with an estimated measure of income security to help you determine whether you're on track with your current retirement income plans. The RISE Score™ can help you assess how well your retirement portfolio will cover basic living expenses and health care costs in retirement. The RISE Score™ is also designed to help answer this simple question: How can my retirement security potentially be improved through the addition of lifetime income solutions in my retirement planning strategy?”

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