Retirement Guidance

Retirement Guidance is our "Level One" service to participants. It is most effective for highly involved, active investors looking to verify their strategy — and least effective for changing behavior.

To start: communication
Once a sponsored plan chooses to implement advice, all employees eligible receive guidance in setting a realistic retirement goal and outlining a savings strategy. GuidedSavings generates a personalized report showing current retirement status, projections of an individual’s likely retirement income range, and a preliminary recommendation for steps to take to improve the outcome.

Get more information
At this point, it is up to the individuals in the plan to access the online service through their plan’s site or by calling GuidedChoice. Participants can then fill in more complete details about personal finances, non-plan assets, and future expenses. The service then produces more detailed projections of income based on their inputs.

For some individuals, this guidance is all they need or want. They can choose to stop at this point, and make their own decisions about how to choose their investments, allocate the funds and manage their plan accounts.

For detailed advice
Many participants – approximately 70% – take GuidedSavings to the next
level: personalized advice on investing in specific funds and implementation of one-time advice.