Social Security, savings, or pensions? Top 3 retirement incomes explained — are you using the right one?
Top retirement income: Americans are prioritizing financial security for retirement, anticipating multiple income sources. Employer-sponsored plans like 401(k)s are expected to be the primary income. Social Security remains a key pillar, though confidence is waning. Cash savings also rank third. Experts highlight potential tax risks with heavy reliance on tax-deferred accounts and inflation concerns with cash.