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2. Passive Income Experts: 4 Passive Income Opportunities for ...

   www.aol.com/finance/passive-income-experts-4...

   Real estate is a classic passive income generator, and Scott Lieberman, founder of Touchdown Money, noted the rent potential of unused property for retirees. “If you own property that you won ...

3. 5 Best Passive Income Streams for Retirees To Gain Wealth - AOL

   www.aol.com/finance/5-best-passive-income...

   3. Rent Your Property on Airbnb. You don’t need to be a real estate mogul to gain wealth with rental properties. If you have an ADU, basement apartment or spare room, you could potentially earn ...

4. 5 signs that US retirees are richer than they think - AOL

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   Here are a few signs that American retirees may be richer than they think. 1. Minimal debt. It's not unusual for people to carry some debt in retirement. According to Forbes, citing data from ...

5. Illinois pension crisis - Wikipedia

   en.wikipedia.org/wiki/Illinois_pension_crisis

   The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees. [1]

6. Illinois Municipal Retirement Fund - Wikipedia

   en.wikipedia.org/wiki/Illinois_Municipal...

   The Illinois Municipal Retirement Fund (or IMRF) is the second largest and best-funded public pension system in Illinois. Since 1941, has partnered with local units of government to provide retirement, disability and death benefits for public employees. With a funded status of about 98 percent and more than $50 billion in assets, IMRF is well ...

7. Retirees Could Lose 17% of Their Social Security ... - AOL

   www.aol.com/finance/retirees-could-lose-17...

   In that case, both trust funds are predicted to run out by 2035, with income sources only enough to cover 83% of future benefits. In other words, benefits could be cut by around 17% when both ...

8. Do you know the average income for retirees in America? How ...

   www.aol.com/finance/know-average-income-retirees...

   The average retirement account balance for retiree households was $513,200 in 2022. The median balance was just $170,000. Retirement savings of $513,200 provides around $20,000 in annual ...

9. How to Build a Million-Dollar Retirement If You Start ...

   www.aol.com/build-million-dollar-retirement...

   Below is a rundown of steps you can take to get started on your journey to a seven-figure retirement. Person celebrating victory while working. Image source: Getty Images. 1. Review your net worth ...