2/24/13 – Monthly retirement assays gain ground (Pittsburgh Post-Gazette)

To help workers get a better idea of whether they are saving enough for retirement, more employers are going beyond the one number that workers with 401(k) plans focus on: how much money is in their account at the end of the latest quarter.

A growing number of employers are using the account balance to estimate how much monthly income a worker can expect from the retirement savings plan once he retires.

Read the full article at the Pittsburgh Post-Gazette.