Three Legged Stool Retirement

Social security employee pensions and.

Three legged stool retirement.

Together the three legs held up your retirement just like a stool. The three legs represent the three basic elements said to be necessary to support a comfortable retirement. Personal savings much like a stool each financial leg was meant to carry its weight to support people in retirement. The 3 legged retirement stool is a metaphor for the three traditional post world war ii ways to fund retirement social security employer pensions and personal savings.

The three legged stool is an old phrase that many financial planners once used to describe the three most common sources of retirement income. Social security employer pensions and personal savings. A three legged stool though is the preferred seat for retirement metaphors. The three legs are social security pensions.

The image of retirement finance as a three legged stool goes back decades. The three legs represent an employer pension employee savings and social security you need each one to build a strong retirement foundation. The image of retirement finance as a three legged stool goes back decades. A three legged stool though is the preferred seat for retirement metaphors.