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In the last post, we settled on 4.5% as an assumed rate of return when projecting the DC account balances. However I decided it was just as easy to perform the calculations at 4.00%, 4.50% and 5.00%, therefore giving some more options. Below you will see two charts. The first chart assumes and Entitlement Age…
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Trying to compare the DB and DC plans is exactly like the old saying of trying to compare apples to oranges. Just like fruit, part of the decision making process in selecting which type of plan is better comes down to preference and taste – not something that can be analyzed. But, the analysis is…