A wheel monitoring system comprising a wheel, a bearing mechanically coupled to the wheel, an axle mechanically coupled to the bearing, and a wheel speed transducer (WST) disposed in the axle. The WST may be configured to detect vibrations. A method of monitoring a bearing is also provided and may comprise measuring a vibration of the bearing, comparing the vibration of the bearing to a predetermined vibration, and estimating a remaining useful life of the bearing.