Retirement

Where will your retirement money come from? If you’re like most people, qualified-retirement plans, Social Security, and personal savings and investments are expected to play a role. Approximately 50% of Social Security recipients have income from other assets.¹ Traditional pension plans cover about 30 percent of adults born in the 1940s and 1950s, but they are expected to cover only 11 percent of adults born in the 1980s.² Once you have estimated the amount of money you may need for retirement, the next step involves taking a close look at your potential retirement-income sources.

1. Friedberg, Barbara A., “Are We in a Baby Boomer Retirement Crisis?” Investopedia, September 26, 2016, http://www.investopedia.com/articles/personal-finance/032216/are-we-baby...
2. Brandon, Emily, “Five Baby Boomer Retirement Trends,” U.S. News & World Report, February 12, 2016, http://money.usnews.com/money/blogs/planning-to-retire/articles/2016-02-...