What sources of income will you rely on in retirement, and do you expect them to be sufficient?
| Survey Tally | |
| Received: 99 comments |
Published: 4 comments |
I am lucky enough to be retired from the state of Connecticut with a defined-benefit pension plan plus Social Security. We need to re-establish defined-benefit pension plans as a mainstay for retirement and use 401(k)s only as the supplement that they were meant originally to be.
Win Heimer, Connecticut
I have a state-sponsored defined-benefit retirement program and a 401(a)-type pension in lieu of Social Security. Considering the losses in the stock market and the effects on my 401(a) investment account, I do not think it will be sufficient. I am a 34-year, fully vested employee, so I am eligible to retire at any time, but I don't expect to be able to retire anytime soon.
Nancy Bish, Alaska
Retirement funds from TIAA-CREF plus Social Security. As of this typing, I have lost most of all the financial gains I've made in the last 15 years. I just hope that Social Security will be there for me and others by the time I retire.
Julio Contreras, Rhode Island
These are the three [sources of income] that might work in combination with each other: 1. Social Security. 2. My pension plan from work. It's a mandatory plan. I put in 5 percent and [my employer] puts in 8 percent. 3. And staying on the good side of my daughter and her husband.
Corinne Swass-Fogarty, New Jersey









