Pension - his (will be cut in half upon his demise)
Profit Sharing now in a Rollover Traditional IRA -his
401-K - his
Roth IRA - his
Social Security - his
Roth IRA - hers
Cash, Stocks, Bonds, CDs, DRIPS, coins, etc. in other accounts - hers
Babysitting, garage sales, furniture sales, gold caps, blood bank, sweat of my brow, selling the ol' homestead & downsizing and/or living w/my sister or kiddos - hers (if need be!)
I have some credits for SS but not enough to pull my own. I need to return to work if I ever hope to draw SS on my own.
Any additional monies we can sock away between now and retirement via budgeted savings, bonuses, stimulus, refunds, etc.
Since my husband is quite a bit older than myself, there is some monies from life insurance proceeds that I would be using to get to my golden years should I outlive him. (It's not enough to my way of thinking as he's a smoker and that limits what amounts we can buy at this time - via our budget. He's not had any associated medical problems yet, but if we could buy more before a medical event the better it would be for me in the long run. I absolutely hate thinking about this stuff, but I do try to be practical. We recently increased his life insurance by 15,000, which is what we can afford at the moment. As soon as more cash becomes available, I'm thinking we should up it considerably! This life insurance money is what I will likely use to cover the income needs from now should something happen to him till I reach the age to receive SS benefits - it is a ways off.) We do have enough life insurance to get myself buried.
And we are currently discussing a few options 1)him just never retiring or at some point just going to part time or consulting. He really is into working & the longer he works the larger the SS payouts to me should be when I reach retirement age & we maintain our health coverage this way or 2)us starting a small part-time business of our own at whatever joy or passion he'd like to pursue for extra income. He's much more leaning towards #1 and I'd like it for his sake if he'd lean towards #2. I'd like to finish college and return to the workforce. He'd rather I didn't as he likes me home. Ehhhh, he may not get his wish on this one. Conceivably we're at a point where we could switch places with him coming home and me going out to work, which I could do okay with now w/o further education, at least enough to get us health coverage and me possibly a 401-K w/a match!
We are working diligently to get the mortgage paid off so we can retire w/o any debt.