How valuable is your 401(k)? These numbers will tell you

Alessandra Malito
How valuable is your 401(k)? These numbers will tell you

To be financially prepared for retirement, investors also need to have a rough idea of when they’ll retire, how much or often they plan to contribute to their account until then, and a few other necessary figures. This particular rule, which is still being drafted, is expected to help savers get an idea of where they stand in retirement preparedness, and how far they need to go to be comfortable in their old age. Only a handful of plan sponsors currently include those projections in their client statements.