Key: You should determine your Funded Status annually and monitor it from year to year.
Why? Your Funded Status is a summary statistic that reflects actual experience and can keep you on track to meet your spending goals in retirement.
For more discussion of the importance of determining and monitoring your Funded Status, and why doing so is superior to using the 4% Rule (and its many variations) or typical Monte Carlo models, see our post of April 16,2023.
To determine your Funded Status, download and complete one of our Actuarial Financial Planners from the Spreadsheets section of our website.
