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What are the 3 sources of retirement income?

Guaranteed Income (i.e. Social Security, Annuities) Pension plans (i.e., defined benefit plans) IRAs.

What's considered a good retirement income?

What Is a Good Retirement Income? According to AARP, a good retirement income is about 80 percent of your pre-tax income prior to leaving the workforce. This is because when you're no longer working, you won't be paying income tax or other job-related expenses.

What is the average retirement income per month?

In terms of how much you are likely to receive in benefits, figures from the SSA state that the current average monthly benefit for a retired worker is $1,615.81.