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The New Way to Measure Your 401(k)
The Wall Street Journal; subscription may be required Link to more items from this source
Dec. 8, 2014
"[I]nvestors could get a clearer picture of whether they are nearing their retirement-savings goals by focusing less on the dollar amounts they've accumulated and more on how much income that money can generate in the future. A lump-sum figure, the thinking goes, doesn't tell you much more than how well your portfolio has fared and how much you have saved. The new approach -- known as projected income -- would show instead what your current balance would pay out as income beginning at a certain age."

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