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Don't Be Confused When Using a Funded Ratio

Michael Kitces says thinking about retirement savings in terms of completed progress toward your goal can be helpful, but it also poses challenges.

Michael Kitces is a partner and the director of wealth management for Pinnacle Advisory Group, co-founder of the XY Planning Network, and publisher of the continuing education blog for financial planners, Nerd's Eye View. You can follow him on Twitter at @MichaelKitces.

Christine Benz: Hi, I'm Christine Benz for Tracking progress toward retirement savings can be complicated. It can be tough to know if you're on track. Joining me discuss that topic is financial planning expert Michael Kitces.