Three Legged Stool Retirement

The three legged stool is a metaphor for how the post world war ii generation looked at planning for retirement. A three legged stool though is the preferred seat for retirement metaphors. Together the three legs held up your retirement just like a stool.

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Personal savings much like a stool each financial leg was meant to carry its weight to support people in retirement.

Three legged stool retirement.

The concept is valid you should have a variety of ways to support your 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. Social security employee pensions and. The three legged stool of retirement is a term the fin ancial industry once used to describe the three common sources of income that when combined would provide people a secure retirement.

The three legs represent the three basic elements said to be necessary to support a comfortable retirement. The image of retirement finance as a three legged stool goes back decades. Social security employer pensions and personal savings. 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 three legged stool is an old phrase that many financial planners once used to describe the three most common sources of retirement income. The three legs are social security pensions. A three legged stool though is the preferred seat for retirement metaphors.

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