Monday, April 20, 2009

Retirement Income - 10 Sources to Help You Retire Early

Most Americans at work have only one source of steady income: their job.

In retirement you are likely to have several sources of retirement income, according to a Gallup poll released today.

Following are sources of retirement income that Americans either rely on or expect to rely on:

  • Retirement accounts. A 401(k), IRA, Keogh, or other retirement accounts

  • Social Security

  • Stocks.

  • Savings.

  • Pensions.

  • Rent and royalties.

  • Inheritance

  • Annuities or insurance.

  • Part-time work or a Fun Retirement Job

  • House Equity.

Incidentally, this is the first time this decade that the majority of Americans have doubted their ability to retire.

Gallup’s telephone survey also found that 52 percent of Americans doubt they will have enough money to live comfortably in retirement, while only 41 percent say they will.

No comments:

Post a Comment