With more than 15 years to retirement, ROT's such as 4% or 25x income suffice. Starting 10-15 years before leaving the workforce MC and historical back tests are informative. With less than 5 years to go when expected assets and liabilities can be better estimated then funded ratio becomes instructive. During decumulation actual cash flow becomes the most actionable metric.
With more than 15 years to retirement, ROT's such as 4% or 25x income suffice. Starting 10-15 years before leaving the workforce MC and historical back tests are informative. With less than 5 years to go when expected assets and liabilities can be better estimated then funded ratio becomes instructive. During decumulation actual cash flow becomes the most actionable metric.