- RetireHub
- Posts
- Retirement Income Streams: Diversifying Your Sources
Retirement Income Streams: Diversifying Your Sources
Trivia: Which U.S. coin features a depiction of Monticello, Thomas Jefferson’s Virginia estate, on the reverse side?
RetireHub
June 30, 2025
Rise and shine, RetireHub community! ☀️ Your Monday newsletter is here!
Today we’re sharing smart tips on retirement income streams: diversifying your sources, along with the best deals, fun trivia, and more!
Top Deals From Around The Web
We find the best daily online deals so you don’t have to!
🖤 $11 OFF – TWINNIS Shag Area Rug (5' x 8', Black)
Sink your toes into cozy luxury with this ultra-soft, fluffy area rug—perfect for bedrooms, living rooms, or kids' spaces. The non-slip bottom keeps it in place while the modern black tone adds bold comfort to any space.
🛏️ $11 OFF – MOONORAH Memory Foam Pillow (Standard/Queen, Gray)
Say goodbye to neck pain and restless nights. This ergonomically designed memory foam pillow cradles your head and neck for all-night alignment and support—ideal for side, back, and stomach sleepers alike.
🎨 $14 OFF – Shuttle Art 103-Piece Professional Drawing Kit
Unleash your creativity with this complete art set, featuring charcoal, colored, graphite, and pastel pencils, blending tools, and a sketch pad. Whether you’re a beginner or a pro, it’s got everything you need to draw, shade, and inspire.
What We’re Reading
Get these e-book deals before they’re gone.
 | By: Maeve McBride A fake engagement. A nosy village. Real sparks. When Niamh teams up with grumpy pub owner Darragh to save their businesses, their “pretend” romance turns all too real. But can two stubborn hearts risk the leap from fake to forever? Fall in love with the charm of Dooncarra in this warm small-town Irish romance. |
On this day in 1908, the Tunguska Event occurred in Siberia, Russia — the largest impact event in recorded history. A massive explosion, caused by the airburst of a meteoroid or comet fragment, flattened over 800 square miles of forest near the Tunguska River. Though no impact crater was found, the blast was estimated to be as powerful as 10–15 megatons of TNT — 1,000 times stronger than the Hiroshima bomb.
Retirement Income Streams: Diversifying Your Sources
Planning for retirement isn’t just about saving—it’s about ensuring that you’ll have reliable, sustainable income once you stop working. While traditional pensions and Social Security have long been considered the backbone of retirement income, today’s retirees are increasingly encouraged to diversify their income sources to protect against market fluctuations, inflation, and unexpected expenses.
Why Diversification Matters
Just like with investing, putting all your retirement eggs in one basket can be risky. Relying solely on Social Security, for instance, may not provide enough to cover living costs, especially with rising healthcare expenses and longer life expectancies. By diversifying income streams, retirees create a more resilient financial foundation—one that can better weather economic changes and personal shifts in spending needs.
Primary Income Sources to Consider
Social Security: For most Americans, Social Security remains a vital income stream. The age you begin collecting (as early as 62 or as late as 70) impacts your monthly benefit. Delaying benefits can result in higher monthly payments.
Pensions: Though less common today, some retirees still receive income from employer-sponsored pension plans. Understanding payout options—like lump sum vs. monthly annuity—can influence long-term planning.
401(k)s and IRAs: Withdrawals from these retirement savings accounts often form the bulk of retirement income. Be mindful of required minimum distributions (RMDs), which begin at age 73 for most.
Annuities: Purchasing an annuity from an insurance company can provide guaranteed income for life. Fixed annuities offer stability, while variable ones offer growth potential with more risk.
Investments: Dividends from stocks, interest from bonds, or income from mutual funds can supplement other income, though they come with market risks.
Real Estate: Rental properties or real estate investment trusts (REITs) can generate monthly income, though they require management and maintenance.
Part-time Work or Consulting: Many retirees choose to work part-time or offer freelance services in their field. This not only provides income but can also offer social engagement and purpose.
Diversifying your retirement income sources helps create a buffer against the unexpected. By combining guaranteed income with growth-oriented investments and possible earned income, retirees can build a flexible and more secure financial future. It’s never too early—or too late—to start planning for multiple income streams that align with your goals, lifestyle, and risk tolerance.
Which income source do you think will be your primary source in retirement?(Choose the one that fits best!) |
Yesterday’s Poll Results: Have you ever participated in a local history or storytelling project?
More than half of folks who responded (54.3%) said local history projects aren’t really their thing—but there’s still a meaningful spark of interest out there. Nearly a third have either joined in or would like to, with about 15% having attended a local exhibit or storytelling night, and 13% saying they’d love to get involved. A smaller group have shared stories or donated memorabilia—quietly keeping local memories alive. It’s a reminder that even if it’s not for everyone, there’s a heartwarming pocket of community curiosity just waiting for the right invitation.
TOP COMMENTS
“My house was built in 1810. The family who lived here until the 1970s all came to visit the house they grew up in. They had no indoor plumbing. They had an outhouse in the backyard and a cistern with a pump for indoor water. They brought pictures of the house back then.”
“Nothing official, just family and friends that share stories and photos.”
Before the Loss: What Every Woman Should Know About Widowhood
Widowhood is something most women will face at some point, yet few talk about it until it happens. Preparing ahead—both emotionally and practically—can make a profound difference. From getting key documents in place and organizing financial information, to talking about funeral wishes and cherished keepsakes, there’s peace of mind in being ready. Beyond the paperwork, the emotional realities—especially the quiet moments of loneliness—can be softened with supportive community and small acts of kindness. The road is never easy, but many women find strength and even renewal as they navigate life after loss.
Follow us on Social Media!
Join an online community thriving in retirement! Find us on:
Every day we post retirement tips, highlights from our newsletter so you can comment and discuss in the community, and some fun retirement-themed motivation!
Slang Phrase of the Day
Phrase: Quiet quitting
Meaning: Describes a situation where someone emotionally withdraws from a relationship—they stay physically present, but they’ve checked out mentally or emotionally. They may stop communicating deeply, avoid resolving issues, or put in minimal effort, often as a passive way of disengaging without formally ending things.
In a sentence: “After months of feeling distant and avoiding tough conversations, it felt like he was quiet quitting the relationship—still there, but not really in it anymore.”
Good News of the Day
Lost Puffin ‘Lovely Oona’ Makes Miraculous Journey Back to the Sea
‘Lovely Oona,’ a puffin blown off-course and found 100 miles inland in Hereford, UK, was rescued in a weak and underweight state. Thanks to compassionate veterinary care—complete with specialized fish-based feed and a caring call for frozen sprats—the little seabird is now on the mend. Named after a beloved animated puffin, she's expected to return to her coastal home in West Wales once she regains strength. Her story is a touching reminder of resilience, teamwork, and the power of community care.
Other Publications We Like
Check out these other email newsletters we think you’ll enjoy!
RetireHub Trivia
Want more trivia? Play our “Nostalgia Trivia Game” on our site! We add fresh questions daily, so there’s always something new to test your knowledge.
Not into trivia? No worries! We’ve got plenty of other fun games to enjoy, like:
Which 1980s TV drama centered around a wealthy Texas family called the Ewings? |
What 1980s product became a global craze and was originally marketed as a tool to teach spatial relationships? |
Which U.S. coin features a depiction of Monticello, Thomas Jefferson’s Virginia estate, on the reverse side? |
A QUICK ASK: First off, thank you for reading RetireHub every day. It fills our cup that so many thousands of people get joy from our little publication.
As you know, good content costs money. In order to continue supporting ourselves and to continue delivering the content you enjoy every day, we need to pay our writers. If you can, we ask you to subscribe to our paid account (for $5/month - less than a cup of coffee!) below.
If you choose to purchase a paid subscription, please know you’re supporting not only our publication, but tens of thousands of other 50+ year old Americans that get joy, entertainment, financial tips, and more from RetireHub every single day.
If you don’t join the paid plan (or can’t), no worries at all. We know times are tough. Thank you for being a part of our tiny, joyful part of the Internet.
- Jay
**RetireHub may receive affiliate compensation for links clicked within this newsletter.
***RetireHub may share poll results with advertisers.