American workers are increasingly recognizing the importance of retirement income, yet many are not yet in a position to take action to ensure their financial security, according to the 2014 Retirement Confidence Study released recently by the Employee Benefit Research Institute and Greenwald & Associates.

The survey found that 85 percent of respondents contributing to an employer-sponsored retirement plan found a product like the Department of Labor’s Lifetime Income Estimate Calculator— which estimates monthly lifetime income based on a participant’s current account balance, contributions to their account and the projected value of the account balance at retirement— to be useful.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.