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5 Unexpected Sources of Retirement Income


If your financial situation is close to average, you may find yourself approaching retirement with far less money than you need. That will translate to far less income than you need. Consider, for example, that according to the 2022 Retirement Confidence Survey, 34% of working respondents said that the total value of their savings and investments, excluding the value of their primary home, is less than $25,000. Even worse, roughly 1 in 5 people had less than $1,000 saved.

All is not lost, though. There are lots of ways you might set yourself up to receive additional income in retirement -- many of which may not have occurred to you. Here are some examples.

Image source: Getty Images.

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Source Fool.com


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