Income during Retirement
Glory
- "Income during retirement" refers to the money or financial resources that an individual receives or generates after they have stopped working and entered the phase of retirement.
- This income is crucial for maintaining a comfortable and sustainable lifestyle during one's retirement years.
- There are various sources of retirement income, including Social Security benefits, pensions, withdrawals from retirement savings accounts, investment income, annuities, and other streams.
- Planning for retirement income involves careful consideration of these sources, their timing, and potential tax implications to ensure financial security and well-being throughout the retirement period.
