Pension power – leveraging guaranteed income! Retirement income strategies for seniors with pension is like having a solid financial foundation to build upon. A pension provides a guaranteed stream of income in retirement, but it’s usually not enough on its own. It’s about supplementing pension income with other savings and investments to create a comfortable retirement. Think of it as a financial head start, but not the finish line! The twist? Pensions are becoming less common, making personal savings and investments even more important for future generations. Actionable Tip: Understand the concept of pensions and retirement benefits. It’s part of the history of retirement planning and provides context for today’s financial landscape.