Sources of Retirement Income: Worker Expectations vs. Retiree Realities

September 17, 2024

About 90% of retirees say they rely on Social Security, approximately the same as the percentage of workers who expect Social Security to help them meet their retirement income needs. Similarly, about 60% of workers expect a traditional pension plan to provide income, which is only slightly higher than the percentage of retirees who say a pension helps pay their bills. In other cases, worker expectations differ dramatically from retiree realities.

A graph showing worker expectations for retirement income vs. retiree's actual experience

All Securities Through Money Concepts Capital Corp., Member FINRA / SIPC

11440 North Jog Road, Palm Beach Gardens, FL 33418 Phone: 561.472.2000

Copyright 2010 Money Concepts International Inc.

Investments are not FDIC or NCUA Insured

May Lose Value - No Bank or Credit Union Guarantee

This communication is strictly intended for individuals residing in the state(s) of MI. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Advisor Solutions Copyright 2020.

A family is playing a ring toss game by a lake and mountains. Three rings are flying through the air
July 30, 2025
Don't let a recession disrupt your vacation plans. A staycation might be the perfect solution.
An older and younger woman are walking outside while looking down and smiling.
July 30, 2025
Learn practical tips for having a conversation with your parent(s) about their finances.
July 30, 2025
What is Munis (municipal bond) and are they right for you?
A woman with sunglasses on her head is walking with people passing by in the background.
July 30, 2025
Families still believe a college degree will help further their careers. Find out what the leading factors are with selecting a college.
Show More