Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Senior sources of income

X
Your article was successfully shared with the contacts you provided.
  • 41% of senior investors say 401(k) accounts are their primary savings vehicle.
  • 18% of senior investors rely on pensions.
  • 13% of senior investors say a self-directed brokerage account is their primary savings vehicle.

Top sources of income for seniors:

  • Dividend-paying stocks – 63%
  • Savings accounts/CDs – 61%
  • Bonds – 47%
  • Real estate – 31%
  • Income-oriented closed-end funds – 25%
  • Hedge funds – 7%

Source: Eaton Vance Corp.