Kiplinger

How Do You Really Know How You're Doing for Retirement?

One of the most common questions advisers get from clients about their retirement plans or investment portfolios is: How am I doing? The root of that question could speak to how individuals are tracking against their goals, how they're tracking against their peers, or a combination of the two. Either way, the American public lacks the expertise to properly assess their well-being.

As an individual investor, it's hard to compare yourself to something you can't really see. We can observe the houses people live in and comment on their paint jobs or that new patio in the backyard. We can see the cars they drive. Through social media, we can even find out where they vacation and gain insight into the way they live their lives. However,

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