Mobile Retirement App
With the My TRSRetire app, connecting with your retirement plan has never been easier.
- View your account balance and rate of return.
- Know how close you are to achieving your desired income goal in retirement.
- Model ways to improve your forecast.
- Take action right from your device.
Download the app today!
About Probability Illustrations, Limitations, and Key Assumptions
The probability illustrations generated from the engine are based on “Monte Carlo” simulations of 500 possible investment scenarios for a given time period and assume a range of possible returns. The illustrations are generated according to models developed by Morningstar Investment Management LLC, a leading independent provider of asset allocation, manager selection, and portfolio construction. The Your Retirement Outlook® graphic reflects the difference between the model’s estimated annual income (which corresponds to a 70% probability level of income in the investment scenarios simulated) and your annual income goal.
When forecasting the probability of achieving your income goal, the model employs different returns for different asset classes, based on Morningstar Investment Management’s capital market assumptions developed using historical and forward-looking data. Forecasts of expected return, expected standard deviation and correlation among asset classes based on Morningstar Investment Management LLC's proprietary equity, fixed income, currency and risk models. Current assets are assigned to asset classes based on Morningstar Categories, and fees and charges inherent in investing are incorporated with an average fee assumption for each asset class. The benchmarks used for modeling the various asset classes are below. Return assumptions are updated annually; these updates may have a material impact on your projections. Return assumptions are estimates not guarantees. The returns you experience may be materially different than projections. You cannot invest directly in an index.
Short Term Bonds
Direct Real Estate
High Yield Bonds
Long Term Bonds
Large Cap Value Equity
Large Cap Equity
Mid Cap Value Equity
Mid Cap Equity
Mid / Small Cap Value Equity
Large Cap Growth Equity
Mid/Small Cap Equity
Small Cap Value Equity
Small Cap Equity
Mid Cap Growth Equity
Mid/Small Cap Growth Equity
Small Cap Growth Equity
Emerging Markets Equity
BofA ML US Treasury Bill 3 Month USD
BarCap US Govt/Credit 1-3 Yr TR USD
Barclays Capital US Agg Bond TR
Barclays Global Aggregate Ex USD TR
NCREIF Transaction Based Index
Barclays Capital US Corporate High Yield TR
Barclays Capital Global Inflation Linked US TIPS TR
Barclays Capital US Govt/Credit Long TR
Russell 1000 Value TR
Russell 1000 TR
Russell Mid Cap Value TR
Russell Mid Cap TR
MSCI EAFE GR
Bloomberg Commodity TR
Russell 2500 Value TR
Russell 1000 Growth TR
Russell 2500 TR
Russell 2000 Value TR
Russell 2000 TR
Russell Mid Cap Growth TR
Russell 2500 Growth TR
FTSE NAREIT Equity REITs TR
Russell 2000 Growth TR
MSCI EM GR DJ-UBSCISM
Unless you choose otherwise or your employer supplies different information, the probability illustrations assume retirement at the age at which you qualify for full Social Security benefits and an annual retirement income goal of 80% of your projected final working salary. Social Security estimates are based on the Social Security Administration methodology and your current salary. The probability illustrations also assume a consistent contribution percentage (unless you’ve chosen to periodically increase it) and asset allocation (no future changes or rebalancing), annual inflation of approximately 2%, and annual salary increases based on a calculation that incorporates multiple factors including a salary growth curve and inflation. Mortality assumptions are based on the Society of Actuaries tables.
The models are subject to a number of limitations. Returns associated with market extremes may occur more frequently than assumed in the models. Some asset classes have relatively limited histories; for these classes the models use historical data for shorter time periods. The model does not consider other asset classes such as hedge funds or private equity, which may have characteristics similar or superior to those used in the model. Capital market assumptions are forecasts which involve known and unknown risks, uncertainties, and other factors which may cause the actual results to differ materially and/or substantially from any future results, performance, or achievements expressed or implied by those projections for any reason.
There is no guarantee that your income goal will be achieved or that the aggregate accumulated amount will ensure a specified annual retirement income. Results may vary with each use and over time.
IMPORTANT: The projections or other information generated by the engine regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results.Moreover, even though the tool’s estimates are statistically sound based upon the simulations it runs, the tool cannot foresee or account for every possible scenario that may negatively impact your financial situation. Thus you should monitor your account regularly and base your investment decisions on your time horizon, risk tolerance, and personal financial situation, as well as on the information in the prospectuses for investments you consider.
Transamerica has licensed the Morningstar® Wealth Forecasting EngineSM from Morningstar, Inc., which is used by Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc, in the services it provides to participants. Morningstar and Morningstar Investment Management are not affiliated with Transamerica. The Morningstar name and logo are registered marks of Morningstar, Inc.
Securities offered by Transamerica Investors Securities Corporation (TISC), 440 Mamaroneck Avenue, Harrison, NY 10528. Investment advisory services are offered through Transamerica Retirement Advisors, LLC (TRA), registered investment advisor. All Transamerica companies identified are affiliated companies.
PT 6132-MAO (4/17)