The "three-legged stool" of retirement income includes which of the following?

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The "three-legged stool" of retirement income typically refers to Social Security, private pensions, and savings. This combination is considered the most reliable and sustainable way to fund retirement, as it combines a guaranteed source of income (Social Security), a potentially steady source of income (private pensions), and personal savings to cover any gaps or unexpected expenses. While earnings from employment and public assistance may be sources of income for some retirees, they are not typically included in the "three-legged stool" model.

The "Three-Legged Stool" of Retirement Income Includes Which of the Following