Poll

What will be your primary income source during retirement?

Social Security
Pension from work
Savings
part time job
work from home job
combination

Author Topic: Retirement income source  (Read 3311 times)

offroad

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Retirement income source
« on: September 21, 2013, 06:50:30 AM »
Just wondering what most expect during retirement.  maybe the question will allow multiple answers

devan 11

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Re: Retirement income source
« Reply #1 on: September 21, 2013, 07:03:54 AM »
In my case, SS, pension, Roth IRA, IRA, and savings will be roughly equal.  (20% each)

prof61820

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Re: Retirement income source
« Reply #2 on: September 21, 2013, 07:17:08 AM »
SS, retirement savings, savings and, hopefully, rental income.  Maybe a part time job if I still love what I do but not planning on it.

DocCyane

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Re: Retirement income source
« Reply #3 on: September 21, 2013, 07:22:01 AM »
SS, savings, and a side hustle most likely.

sol

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Re: Retirement income source
« Reply #4 on: September 21, 2013, 08:07:10 AM »
We'll live off of savings and investments until traditional retirement age, at which point it will be about 60/40 pensions/ss.

MrsPete

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Re: Retirement income source
« Reply #5 on: September 21, 2013, 05:56:53 PM »
I said pension, but that's not really a complete picture.  We have more of a two-step plan: 

Retire from full-time job at 55.
Live off pension + part-time work (something low-key, low-stress).
House is already paid off, no debts, so expenses are low.
Use savings for travel and emergencies.

Sometime 65-70ish, quit part-time work. 
Live off of pension + Social security.
Use savings for travel and emergencies. 

newideas2013

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Re: Retirement income source
« Reply #6 on: September 21, 2013, 08:33:47 PM »
Goal is rental property income

expatartist

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Re: Retirement income source
« Reply #7 on: September 22, 2013, 11:43:00 PM »
Rental property income will be a major one for us, with varying levels of management required, so for lack of anything more exact, I chose "work from home".

DH will have a small pension, but I'm not counting on much SS if anything (most of my working years with any decent salary have been spent outside the US).

chasesfish

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Re: Retirement income source
« Reply #8 on: September 23, 2013, 05:06:38 AM »
Is all of the above an option?

I think "retirement" income is easy (after age 65), the retirement accounts are well funded and I have a small traditional pension.  Its pulling off retirement well before 65 that is challenging.