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Senior sources of income

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  • 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.