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Retirement

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Retirement Funding Sources Shifting 

Apr 07, 2011By

The role of retirement funding mechanisms is changing according to the Wells-Fargo/Gallup Investor and Retirement Optimism Index.  Current retires continue to expect traditional retirement funding sources to be their major source of retirement income, while nonretirees plan to rely more heavily on personal investments.   The poll conducted the first week of February of investors, aged 18 and older, with more than $10,000 in investable assets.  Those in the survey that are already in retirement rely much more on traditional sources, work sponsored pension plans (49%) and Social Security (48%), than nonretirees.  With nonretirees, the confidence that Social Security

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