Due to the recent economy, the sources of income for many retirees have changed. For instance, the interest rates that banks are offering has decreased dramatically causing a decline in the use of savings accounts and CDs for retirement. U.S. News & World Report’s “ 10 Ways to Pay for Retirement ” lists the most common ways to pay for retirement. Within each of these different ways to pay for retirement, Emily Brandon identifies which ways are more popular among retirees now and how the economy has effected how retirees are paying for retirement.

Pamela Osborne
Accountant & Office Administration
posborne@mo-cpa.com