No. of Recommendations: 1
The average retiree gets about 50% of their retirement income from SS and 10% from pensions for a total of 60%. Only 12% of retirement income comes from assets on average. The typical retiree is apt to get twice as much income from work as from assets!

Anyway, this poll was an interesting exercise for me. As a couple, we're in a higher bracket than I am alone because, while our assets are nearly identical, his SS benefit is bigger plus he has 2 pensions to my none. I often think his pensions are way small because even put together they're nowhere near livable, but they add up to a bit more than the median pension income so no complaints.

Early days, but so far we have 1 in the 40-60% bracket and 3 in the 60-80%. I confess to some surprise as I thought more of us were asset-heavy. I guess we also tend to be high on the SS income scale from good-paying jobs, and maybe more of us have pensions than I'm aware of. Or perhaps many of us realize less than 4% of assets as income.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.