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3 2 58% Generation X % Baby Boomer(43 61 ) 62% 39% 401(k) 20% 77% 83% 82% 39% 1 (2007 ) Generation X (25 42 ) Baby Boomer (43 61 ) (55 ) ( ) The Fidelity Research Institute, Research Insights Retirement Index, March % Pension Commission (Fidelity Retirement Expectation Index) 76% Fidelity Research Institute, Retirement Index, March The Pension Commission The Secretary of State for Work and Pensions Pensions Challenges and Choice A New Pension Settlement for the Twenty-First Century The Final Report of the Pensions Commission Fidelity International, Fidelity Retirement Indices, May

4 (Fidelity Retirement Satisfaction Index) 59% 6 2 (2007 ) ( ) Improving Britain's Retirement Prospects ( ) ( ) ( ) (60 ) (59 ) ( ) ( ) ( ) 4

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9 AON Fidelity Research Institute The Aon Consulting/Georgia State University 15 Replacement Ratio 6 (Replacement Ratio 75 ) AON Consulting /Georgia University Retirement Income Replacement Ratio Study (March 2001 Forum Lead Article, Benchmarking Retirement Income Needs) Boston Collage A New National Retirement Risk Index EBRI EBRI Issue Brief No.297, Sep.2006 ( 40, ) Bureau of Labor Statistics, Consumer Expenditure Survey 13 March 2001 Forum Lead Article, Benchmarking Retirement Income Needs, Latest Results of Aon Consulting/Georgia State University Retirement Income Replacement Ratio Study 14 Fidelity Research Institute, Research Insights Brief, Retirement Index, March Aon Consulting Replacement Ratio Study A Measurement Tool For Retirement Planning,

10 Boston Collage Center for Retirement Research 65 (National Retirement Risk Index) 16 (Replacement Rate Targets) 17 3 ( ) Target Replacement Rates Pension Commission 3 ( ) A New Pension Settlement for the Twenty-First Century (Target pension income) (National Pension Savings Scheme) Pension Commission Boston Collage, Center for Retirement Research; Retirements at Risk : A New National Retirement Risk Index, June Bureau of Labor Statistics, Consumer Expenditure Survey 18 The Pension Commission Green Paper The Secretary of State for Work and Pensions Pensions Challenges and Choices A New Pension Settlement for the Twenty-First Century 2 3 The Final Report of the Pensions Commission

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12 Georgia Aon Replacement Ratio Georgia Aon (471,232 ) 474,161 6 ( ) ( ) (17.65 ) , , ,162 ( ) 344,865 45, ,966 12

13 6 ( ) ( ) ,161 ( ) 83,698 45,598 (344, ,954 ) 58,911 39, ,920 (Replacement Ratio) 69 ( ) 2 1 ( 5 )

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