401(k)s Dominate Retirement Income

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Retirement Income Planning

SmartAsset

•

Business

Business & Economics

Are You Overlooking Key Sources of Retirement Income?

Summary

Nutrition label

81% Informative

In 2022 , workers said 37% of their retirement money would come from 401(k) In 2023 , that figure has risen to 40% of workers.

Social Security is the next closest source of retirement income at 20% .

Other sources include pensions and part-time work.

Consider working with a financial advisor as you plan your withdrawals.

SmartAsset AMP helps advisors connect with leads and offers marketing automation solutions so you can spend more time making conversions. Learn more about SmartAsset AMP. Photo credit: iStock.com/SrdjanPav, iStock.com/DNY59, iStock.com/PeopleImages The post You May Need to Rethink Where Your Retirement Income Will Come From appeared first on SmartReads by SmartAsset ..

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful