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7 Unexpected Sources of Retirement Income


If you're not thinking about how you'll support yourself in retirement, you should. The typical retirement income plan used to be referred to as a "three-legged stool," with Social Security, a pension, and personal savings as the legs. It's a rather wobbly stool these days, though, as few people have pensions, most Americans have far too little in retirement savings, and Social Security is insufficient to fully support most folks.

So spend some time figuring out how many legs your retirement stool will have, and what they will be. Below are seven sources of retirement income to consider, along with the usual suspects such as Social Security and 401(k)s plans.

Image source: Getty Images.

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Source Fool.com


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