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View Poll Results: Which source provides the most retirement income for you?
Defined benefit plan, traditional pension 54 40.91%
Defined contribution plan, IRA, 401k, 403b etc 26 19.70%
Other taxable investments 41 31.06%
Real estate, reverse mortgage, rental income etc 4 3.03%
Social security 6 4.55%
Part time work, lets say less than 20 hours a week 1 0.76%
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Poll: Which source provides the most retirement income for you?
Old 11-17-2011, 10:05 AM   #1
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Poll: Which source provides the most retirement income for you?

I'm interested to see where ER folks get most of their income. I haven't ERed yet, but when I do about 65% of my earnings will be from various defined contribution plans. Once I reach the official retirement age various social security plans will probably provide most of my income.
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Old 11-17-2011, 10:11 AM   #2
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Ours is entirely from our taxable portfolio.
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Old 11-17-2011, 10:11 AM   #3
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No one thing listed is the majority. So can't vote.
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Old 11-17-2011, 10:23 AM   #4
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Originally Posted by gerntz View Post
No one thing listed is the majority. So can't vote.
We've run into an interesting difference between US and UK English usage..In the UK majority means "most" and not more than half as in the US. Does anyone know how to edit a poll title so I can "Americanize" it.
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Current AA: 65% Equity Funds / 20% Bonds / 7% Stable Value /3% Cash / 5% TIAA Traditional
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Old 11-17-2011, 10:30 AM   #5
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We've run into an interesting difference between US and UK English usage..In the UK majority means "most" and not more than half as in the US
So would the "americanized" version read "Which source provides the most retirement income for you?"
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Old 11-17-2011, 10:35 AM   #6
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So would the "americanized" version read "Which source provides the most retirement income for you?"
yep
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Old 11-17-2011, 10:36 AM   #7
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Perhaps the mods can change the thread title to reflect your intent? And add "Poll:" as a prefix?
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Old 11-17-2011, 10:39 AM   #8
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Perhaps the mods can change the thread title to reflect your intent? And add "Poll:" as a prefix?
Check.
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Old 11-17-2011, 10:46 AM   #9
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I am on the one-more-year fence. I have a multi-legged stool for retirement. Defined benefits will meet needs, even with the early retirement reduction. I assume a 25% reduced social security on top of that that could be a nice bonus. At a 4% rate, defined contributions will add the most to net worth, but other investments could be used to ride out a retirement.
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Old 11-17-2011, 10:49 AM   #10
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Isn't "retirement income from work" (even if only part time) an oxymoron?
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Old 11-17-2011, 10:52 AM   #11
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Like Michael, ours is 100% from investments (too young for SS, earn $200 a month or less from very part-time work and $300 a month from a pension, so not quite 100%, but definitely 99.999%).

But---why is the only choice for this "taxable investments?" We are mostly in muni bonds, so a better choice would have been taxfree investments....
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Old 11-17-2011, 10:57 AM   #12
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I had a little difficulty with this as the strictly accurate answer is actually somewhat misleading. That is, most of the income is from an IRA. However, DH had the option of a traditional pension or he could take a lump sum and roll it into an IRA. He chose the lump sum and it is in an IRA but its source was a DB plan.
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Old 11-17-2011, 11:08 AM   #13
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Where's the "employed spouse & welfare" options?

BTW, mine's totally from a rollover IRA (e.g. 401(k) to IRA) - another option. That will be replaced for the "most income", from SS when I start to collect in another six years (at age 70).
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Old 11-17-2011, 11:14 AM   #14
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Like Michael, ours is 100% from investments (too young for SS, earn $200 a month or less from very part-time work and $300 a month from a pension, so not quite 100%, but definitely 99.999%).
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If $200 from part time work + $300 from a pension represents only .001% of your income, you're doing pretty well for yourself!!!
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Old 11-17-2011, 11:17 AM   #15
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Isn't "retirement income from work" (even if only part time) an oxymoron?
yes, sort of. that's why i include the "less than 20 hrs a week"
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Old 11-17-2011, 11:21 AM   #16
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Isn't "retirement income from work" (even if only part time) an oxymoron?
+1
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Old 11-17-2011, 11:25 AM   #17
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We're about half pension + SS and half FIRE portfolio withdrawals. I picked taxable investment income as our major source since we haven't hit the IRA's yet and in years when we need a new car or something else major, portfolio withdrawals will no doubt exceed SS + pension.
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Old 11-17-2011, 11:29 AM   #18
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Taxable now at the start, but IRA/Roth IRA in 5 years or so, with SS not really all that far behind depending on when we take it.
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Old 11-17-2011, 11:31 AM   #19
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I picked taxable investment income as our major source since we haven't hit the IRA's yet...
And assuming they are not Roth's, they will also be taxable ...
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Old 11-17-2011, 11:33 AM   #20
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Isn't "retirement income from work" (even if only part time) an oxymoron?
Hel*, even an hour a week (or month, or year) is too much ...
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