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113 Article - Where Will Your Retirement Money Come From?

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Worker Expectations for Sources of Income in Retirement vs. Retirees' Actual Income Sources

To what extent do you expect the following will be/is the following a source of income in retirement? Workers planning to retire n=1,153; Retirees n=1,217

Workers

Retirees

88%

Social Security

91%

84%

Workplace retirement savings plan

48%

77%

Personal retirement savings and investments

68%

73%

Work for pay

25%

68%

Individual retirement account

51%

61%

Defined benefit or traditional pension plan

59%

53%

A product that guarantees monthly income

28%

Source: EBRI.org, 2024