SS&C Blog

BLOGS. January 26, 2023

Different Demographics Need Different Approaches to Retirement Saving

Helping people achieve retirement readiness isn’t as simple as telling them how much they need to save. Multiple factors compound the ability to save, including income level, outstanding debt, longevity, overall health, domestic arrangements (partnerships, children, etc.), retirement age, and even the type and place of work.  These factors aren’t fixed or constant—they vary by demographic and over the course of a lifetime. The number of scenarios is almost limitless, but consider a few of the more significant inputs.