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Retirement Readiness

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Retirement readiness is the measure of how prepared someone is to maintain their desired lifestyle after leaving the workforce. It considers financial factors—such as savings, investments, income sources, and debt—as well as non-financial aspects like health, housing, and personal goals. Being retirement-ready means having the resources, plans, and confidence to live comfortably without relying on employment income.

retirement readiness indicator from MFS
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2024 MFS DC Plan Sponsor Survey: Building Better Outcomes

Explore the results of MFS' 2024 MFS DC Plan Sponsor Survey! The findings explore key topics such as plan sponsor confidence, retirement income, investment menus, and plan design. New this year, we introduce the MFS Workplace Retirement Readiness Indicator—our proprietary scoring framework designed to measure participant confidence based on a series of targeted responses.