Money Management Resources

April 25, 2017

Retirement sources of income have often been compared to a three-legged stool. The first leg of that stool is Social Security. The second is your employer’s pension plan. And the third is your personal savings. Social Security Social Security was designed to provide a minimum level of support (subsistence level). That is why it’s also…

April 18, 2017

Retirement sources of income have often been compared to a three-legged stool. The first leg of the stool is Social Security. The second leg is your employer's retirement plan. And the third leg is your personal savings. How much you depend on the third leg depends on the strength of the other two. The strength of each leg may change, and then you'll need a new plan of action to reinforce the retirement stool.