The RR Score is a simulation-driven probability analysis, on a 1-10 scale, analyzing the likelihood of your retirement assets covering your income needs through retirement. The initial calculation is limited to your current savings rate(s) and asset allocation in your retirement account and uses some base assumptions that are not one-size-fits-all. To ensure your RR Score is personalized to meet your specific situation, please visit the RR Portal and follow the steps below:
- Ensure all of your investment accounts are included in the analysis. Follow the RR Portal menu link to accounts tab and enter your accounts and annual contributions. Be sure to include any spousal accounts as well.
- Follow the menu link to assumptions and ensure the assumed retirement age meets your specific situation. Extending your retirement age by just one year will have a positive impact on your RR Score.
- You can adjust your income goal if you feel that the generalized salary assumptions do not match your specific situation. To do so, simply adjust the income goal dial on the assumptions tab. Lowering your Income Goal will have a positive impact on your RR Score.
If you would like to test the hypothetical changes to your assumptions, you can follow the menu link to the strategy modeler. Once you are satisfied with your retirement profile, be sure to update the assumptions page so we can use your values in our calculations going forward.
Finally, be sure you are contributing all that you can to help fuel your RR Score. Additional contributions are the best way to increase your score!
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