To help you plan for retirement, Betterment recommends creating a Retirement Goal with any retirement accounts contained within it. Our Retirement Goal can contain any Betterment accounts used for retirement (including IRAs and 401(k) plans) as well as external retirement accounts you have synced or added manually.
The Retirement Goal gives fiduciary advice to help your clients stay on track and achieve their goals. Our tool helps your client figure out how much they may spend in retirement (their after-tax income). Our tool tells your client how much they need to save, and even which accounts to save in, whether it's (Employer plan, Traditional vs Roth IRA, Taxable). For more accurate advice, your client can easily and securely sync all of their retirement accounts, not just those with Betterment for Advisors.
To see an overview of our Retirement Planning Advice Methodology click here.