In retirement you are likely to have several possibilities of income streams. Retirement accounts, Social Security, home equity, pensions, and part-time work are the most frequently citied sources of expected retirement income. According to a recent survey, nearly half of the respondents said they thought their most important source of retirement income would be personal investments and savings. Just 14% said employer-funded pensions, and 20% said Social Security. The truth is that actually the traditional “guaranteed” sources of retirement income such as Social Security, pensions, etc. are becoming less certain. Here are ten potential sources of retirement income:
1. Retirement accounts    
2. Social Security
3. Stocks
4. Savings            
5. Pensions    
6. Rent and royalties
7. Inheritance
8. Annuities or insurance    
9. Part-time work
10. Home equity

When projecting your retirement budget, consider the changes in income and expenses that your retirement will bring and how you want to live in retirement.