If you’re planning to retire and wondering if your post-work income will be enough, there are a number of possible sources of additional cash — some of which may surprise you.
The Investopedia website recommends retirees have several income streams, if possible. Cash flow from a combination of sources, which may include pensions, Social Security, inheritance, real estate or other revenue-generating investments, provides the best opportunity for financial stability.
Michael Bateman is a retiree who previously worked in marketing and corporate communications. The Focus on Finance column is coordinated by Wright Legacy Group.