The Milliman Retirement Income Security Evaluation Score, or RISE Score™, is a confidential, easy-to-use tool to evaluate how well your retirement income plan is working toward achieving your retirement income goals.
Very Poor
Poor
Fair
Good
Very Good
Excellent
How The RISE Score Works
A number of factors affect retirement security. The RISE Score accounts for the following to give you a more comprehensive assessment.
Savings
Assets that you've accumulated over time will fund your retirement.
Spending
Reduce the risk of running out of money in retirement by controlling your expenses.
Investment & Annuity Allocations
Different types of products are suited for people with different risk appetites and goals, but also will address different retirement risks.
Taxes
Overlooking the importance of taxes could be costly.
Social Security
Depending on when you claim your social security benefit impacts the amount you will receive.
Longevity
The longer you live, the more money you will need for retirement.
Medical Expenses
Depending on your level of health, your healthcare may be highly variable and could be costly.
Behavior
Your saving and spending habits both before and during retirement can greatly impact your retirement plan.
What You'll Need
Getting your RISE Score only takes a few minutes. But before you begin, please be prepared to provide the following information:
- Monthly Income
- Your Estimated Savings
- Estimated Pension Amount (if applicable)
- Estimated Social Security Amount (Social Security Income Calculator)
- Estimated Amount of Any Other Sources of Retirement Income
- Estimated Monthly Living Expenses
- Estimated Medical Expenses
Not sure about something? That's OK – helpful hints are offered along the way. Concerned about confidentiality? We are too; the RISE Score tool does not save your answers or require any personal or sensitive information.
What To Do With Your Score
The purpose of the Milliman RISE Score is to help you feel confident you can retire your way. We recommend printing out the results and discussing them with your financial advisor.
Questions / Suggestions
We are always looking for ways to make our tools better. If you think of anything we can do to improve, or if anything was unclear, please let us know.