% of income from Soc Sec & Pensions

[Midpack]

This has been interesting, the distribution is broader than I was guessing. People who have a generous COLA'd pension (and that's wonderful) would have a very different view from those of us who do not (like me). And when I read comments on the long term outlook for all of us, it would be nice to know what "camp" folks are in. I assume MegaCorp pensions will continue to decline and completely disappear pretty soon. Thanks...

[Rambler]

If SS still exists when we are at the age to receive it, it would be 10% or less, due to working overseas for a while, and from retiring early. I have the requisite number of quarters to be eligible, but the total years/quarters is pretty low. For planning purposes, we do not include a figure for SS, and we figure a withdrawl rate of just a bit more than 3%.

R

[NotSoonEnough]

Quote:

Originally Posted by Midpack This has been interesting, the distribution is broader than I was guessing. People who have a generous COLA'd pension (and that's wonderful) would have a very different view from those of us who do not (like me). And when I read comments on the long term outlook for all of us, it would be nice to know what "camp" folks are in. I assume MegaCorp pensions will continue to decline and completely disappear pretty soon. Thanks...

Yep, very interesting. The poll's distribution is skewed, I was expecting to see something resembling 'normal'. Wonder what a poll which excludes pensions would show...? Would the lower tail disappear?

[audreyh1]

So far, almost 30% of the folks are in the <20% camp!

Audrey

[dandetour]

Very very interesting. Thanks to the OP for asking the question.
I voted >80%. It will be 86% when everything kicks in, in 8 years.
Dan

[Retire Soon]

40% of our current income comes from a COLA'd pension. SS will eventually cover an additional 10% of our income.