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26.10.2025 10:00:00

6 Ways to Build Multiple Retirement Income Streams Before You Hit 60

As you approach retirement, you should be thinking about how you'll get the income you'll need. Ideally, long before you retire, you should come up with a comprehensive retirement plan. (Many people shoot for a million-dollar nest egg, but depending on where you live and your spending patterns, $1 million could be much more or less than you need.)Don't just assume Social Security will provide much of your income, because it's facing some problems -- and even if it weren't, it likely wouldn't provide as much income as you might think. Most people would be well served by setting up multiple retirement income streams, and it's smart to start doing so well before you turn 60.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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