How many sources of income do you have?

[COcheesehead]

I am pretty geeky when it comes to tracking income and expenses. Some may find it tedious, I enjoy it. I update a spreadsheet once a month over a cup of coffee.

I receive my retirement income from the following:
Tax free interest
Taxable interest
Capital gains
Dividends
eBay
Credit card points in cash
Paid research
A part time W2 job
Cash back apps - 2 of them
RMDs from a small inherited IRA
Asset sales - Facebook Marketplace and such

So a total of 11 sources.

How about you?

 

[Gumby]

Only three - pensions, investing, small change I pick up off the ground.

 

[flyingaway]

Only three - pensions, investing, small change I pick up off the ground.

I no longer pick up money on the ground. It is not worth bending my rigid body to pick up a penny, and a $10 bill might be a trap by someone to make a video.

 

[COcheesehead]

Only three - pensions, investing, small change I pick up off the ground.

I forgot about change. So maybe I have 12

 

[2017ish]

IRA withdrawals, and Roth IRA conversions, plus the nickels and dimes from checking/CMA interest on the funds we transfer from IRAs.

Looking more likely that we'll have social security income when we hit 70 in '30 and '31, but still not including it in planning. (Will go to grandchildren education, most likely.)

_____________
E.T.A. So, basically 1 source for now.

 

[Alan]

Between my wife and I we have:

4 private company pensions
2 US SS pensions
2 UK SS pensions
Interest and investment returns

 

[Teacher Terry]

Pension, SS, part time consulting, interest on I bonds and savings.

 

[whatnot]

Corp pension (100% survivor benefit)
SS DH started at 64.5
Ira draw 3.5% annually each
Interest income
Oil/gas Royalties (very small $$)

 

[Mr. Tightwad]

Small pension
457 distribution
Dividends
Interest
Rent

 

[ncbill]

Dividends & interest only...we're both more than a decade from (minimal) Social Security.

Glad my kids chose careers (military, law enforcement) where they can retire with a decent COLA pension.

They'll probably wait until their 50s, though at least one could retire in their 40s.

 

[Mark1]

Because many of the item already mentioned just roll into my portfolio for future funding, I guess my number is two. A monthly pension and my monthly transfer from Marcus, which I schedule (and fund) every year in January based on my 12/31 rolling average portfolio balance.

 

[MichaelB]

Are we only considering legal sources of income or should we also mention the other kind. For example, online fraud, drug dealing and such. Just wondering …

 

[MarieIG]

Are we only considering legal sources of income or should we also mention the other kind. For example, online fraud, drug dealing and such. Just wondering …

Shhhhhhh . . .

 

[COcheesehead]

Are we only considering legal sources of income or should we also mention the other kind. For example, online fraud, drug dealing and such. Just wondering …

I guess it’s like how this forum defines net worth. Everyone has their own interpretation

 

[MarieIG]

I guess it depends on how you want to break it down, for example, the IRS would consider I have income from my Roth conversions, but I am not yet using my traditional IRA to fund my retirement, I am paying taxes from a taxable account (excepting the 60 day rollover tax payments which were reimbursed).

Currently, we are taking income from DH's pension and retirement annuity, DH's IRA, and brokerage accounts.

 

[COcheesehead]

I guess it depends on how you want to break it down, for example, the IRS would consider I have income from my Roth conversions, but I am not yet using my traditional IRA to fund my retirement, as of yet, I am paying taxes from a taxable account (excepting the 60 day rollover tax payments which were reimbursed).

Currently, we are taking income from DH's pension and retirement annuity, DH's IRA, and brokerage accounts.

I just define it as additive to my assets. So a rollover that generates a gain isn’t income to me. Technically neither is a dividend from stock, because the dividend is already accounted for in the value of the stock, but I won’t get into the weeds on that topic.

 

[MarieIG]

I just define it as additive to my assets. So a rollover that generates a gain isn’t income to me. Technically neither is a dividend from stock, because the dividend is already accounted for in the value of the stock, but I won’t get into the weeds on that topic.

 

[Koolau]

Of course, my 401(k) and Roths generate some dividends as well as growth (sometimes.) But I don't count those as I don't receive anything directly.

DW has SS
I have SS
I have a pension
I take RMDs plus extra from my only (RMD) required fund - namely my 401(k).

I guess that's just 4.

 

[erkevin]

DW has a pension (non-cola)
I have a pension (non-cola)
Substantial income form a CD ladder (was in previously in Dividend Aristocrats, but moved into CDs when interest rates became attractive)
Small amount of dividend income
SS is a few years away for both of us.

 

[LateToFIRE]

I am pretty geeky when it comes to tracking income and expenses. Some may find it tedious, I enjoy it. I update a spreadsheet once a month over a cup of coffee.

I receive my retirement income from the following:
Tax free interest
Taxable interest
Capital gains
Dividends
eBay
Credit card points in cash
Paid research
A part time W2 job
Cash back apps - 2 of them
RMDs from a small inherited IRA
Asset sales - Facebook Marketplace and such

So a total of 11 sources.

How about you?

Nice list. I hadn't really given it this much level of detailed thought. When I retire, this is what I expect:

Bank Cash, CD's
Social Security
Couple of small pensions
Interest, Cap Gains, Dividends from after-tax investment accts
Credit card points (mega lotta pts on AMEX, VISA, redeemable for travel, gift cards, cash)
RMDs from pre-tax IRAs/401Ks
RMD's from after-tax IRAs
RMDs from an inherited IRA
Proceeds from invmt r.e. & asset sales (or rental income, TBD)
Proceeds from employer Deferred Comp/RSU/Stock Options/Severance
Cash value in whole life policies
Comp from part-time consulting, LLC (TBD, first few yrs)
Comp from Board Directorships (for-profit, TBD)

 

[HI Bill]

• 1099-NEC (product reviews of free items)
• 1099-R (IRA, 401(k) and ESOP distributions)
• 1099-INT
• 1099-B (STCGs)
• 1099-DIV
• Credit Card cash back
• Airline miles
• SS Income when started

 

[ShokWaveRider]

My US SS
My UK equivalent of SS
My Canadian Equivalent of SS
DW's Canadian Equivalent of SS
DW US SS
DW HC Allowance from the State
4 After Tax CDs (5.25%, 5.5%, 5.4% & 5.3%
1 MYGA 4.5%
2 x 401ks in CDs 4.0% & 4.15%
Cash as needed from a $260k MM fund returning 5.06%

 

[MichaelB]

I guess it’s like how this forum defines net worth. Everyone has their own interpretation

Well, in that case I’ll stick with the status quo and only list the lawful income.

We get a bit from Social Security, the rest is investment income.

 

[Winemaker]

Spending Income Sources:
1. Divvies, and interest from Fido.
2. 2 Pensions non-cola.
3. DW's SS.
4. Rental income from 7 units.
5. Gas/oil royalties for or 1/4 acre lot. It's enough for an annual BTD wine.
6. Occasional distribution from 401k to cover shortfalls in budget.
7. RMDs from inherited tIRA.
8. Points converted to airline miles or gallons of gasoline.

Taxable income but not spending:
1. Roth Conversions.

Future Income for spending, gifting and general BTD:
1. My tIRA, slowly converting to Roth
2. Our 2 Roth IRAs.
3. My 401k, may convert small portions.

 

[Dtail]

DGF SS
My IRA
Taxable