How Do Your Really Know If You’re “Underfunded” In Your Retirement Account?

How Do Your Really Know If You’re “Underfunded” In Your Retirement Account?

Reports of American workers being short on their retirement funds are rampant on the media landscape. Yes, too many Americans are underfunded in the retirement accounts — but how do you know exactly how much you’re underfunded? And better yet, what are the best ways to catch up? I need experts to comment on how to know if you’re underfunded for retirement — i.e., what are the key benchmarks as one ages; what are the big ‘red flags’, and what steps can/should one take if you’re officially underfunded in your retirement portfolio.

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