LOG IN Forms Contact Us Institutional Investor? Visit Wespath.com Retirement & Investments Health & Well-Being Plan Sponsor Services About Wespath RETIREMENT BENEFITS PROJECTION Determining your retirement income needs and monitoring your progress toward your goal can mean the difference between having a comfortable, financially secure retirement and struggling to afford the bare necessities. For participants in Wespath-administered retirement plans, projecting retirement income requires about 10 minutes with Benefits Access. This participant account management website provides two projection tools: The Retirement Readiness Tool and the Retirement Benefits Projection. Both tools provide information to help you plan. However, the Retirement Benefits Projection gives an in-depth look at only your Wespath-administered retirement accounts projected to your retirement date and allows you to select distribution options, while the Retirement Readiness Tool incorporates estimated Social Security benefits and allows you to enter balances for accounts held outside of Wespath. Benefits Access Resources Navigation Guide Mobile App User Guide Online Retirement Readiness Tool Considerations Adjust Your Projection Easy Guidance Online Retirement Readiness Tool Use the online Retirement Readiness Tool to customize your projection—visit benefitsaccess.org. From the Retirement details page select "Learn > Retirement Readiness." The Retirement Readiness Tool helps estimate: Your projected retirement income Your projected retirement income needs Your projected retirement income gap or surplus See Your Future Your Annual Retirement Readiness Statement is designed to help identify gaps in your retirement planning and suggest ways to potentially improve your projected income in retirement. Your projections are based on several standardized assumptions. However, you can visit the Retirement Readiness Tool in Benefits Access to customize your projections. You can also call EY Financial Planning Services to receive personalized, one-on-one guidance at no charge.1 Even if you don't take action to customize your projection, take this opportunity to make a difference in your retirement by saving more. Experts recommend that you save 10% to 15% of your annual income if you start in your 20s, or 15% to 25% of your income if you start in your 30s (remember, employer contributions count). Assumptions and Methodology To view the assumptions and methodology used to project your benefits, visit www.wespath.org/assets/1/7/4258.pdf 1 Costs for these services are included in Wespath’s administrative expenses that are paid for by the funds. Services are available to active participants and surviving spouses with account balances, and to retired and terminated participants with account balances of at least $10,000. Caring for those who serve since 1908 Resources Events Contact Us Visit our website for Institutional Investors: Wespath.com Address 1901 Chestnut Ave., Glenview, IL 60025 Phone 800-851-2201 Contact Us Terms & Conditions Privacy Sitemap Careers FAQ © 2021 Wespath Benefits and Investments, a general agency of The United Methodist Church. All Rights Reserved. The General Board of Pension and Health Benefits of The United Methodist Church, Incorporated in Illinois, a general agency of The United Methodist Church ("Wespath") is a not-for-profit corporation and is exempt from U.S. federal income taxes under Section 501(c)(3) of the United States Internal Revenue Code. Through its subsidiaries and affiliates Wespath provides administrative and investment services to benefit plans for plan sponsors controlled by or affiliated with The United Methodist Church (the "Church") and also provides certain administrative and investment services to institutional investors organized and operated exclusively for religious, benevolent, or charitable purposes which are related to the Church.