“If you want to see how changing from your current plan design ... how that's going to impact employer costs ... and reduce the at-risk population”
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Said on The Long View
Spencer Look · The Long View · Spencer Look and Jack VanDerhei: The Assumptions That Can Put Your Retirement at Risk
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Runs actual plan data through their retirement-outcome model to see how design changes affect at-risk participants
“If you want to see how changing from your current plan design ... how that's going to impact employer costs ... and reduce the at-risk population”
“Each term towards the end of term, I go and I have planning days with their teams where we actually look ahead at the coming term to see all the big ideas...”
“…we do that through this chain of thought and reasoning and traces… term… serial depth opacity… make sure we can actually still see what the model is thinking”
“Master the three statement model… build a DCF… understand how one change … affects the value of an organization in a DCF.”
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