Forecasts are based upon information about you and your current accounts and investments that we know about, estimated annual savings amount and forward-looking models of the economy and securities markets that utilize data such as historical returns, historical correlations, expected growth rates, and calculated risk premiums. Investment Analysis Methods: Any forecasts presented are not a guarantee of future results, but only reasonable estimates.
other FRS members similar to you), unless you changed it in the CHOICE SERVICE or the ADVISOR SERVICE.
The assumed salary growth rate is the default for your cohort (i.e. These estimates assume a certain future salary growth rate. Any DROP benefit is shown as a lifetime series of payments, not a single lump sum. In addition, results may vary each time a forecast is generated for you.Īlso, these estimates assume you leave FRS-covered employment at Normal retirement age. IMPORTANT: Any forecasts, projected outcomes or other information generated regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. The following information provides additional detail about how we prepared your forecasts.
