Against a backdrop of rising interest rates, still-elevated inflation, and a falling stock market, pre-retirees and retirees alike have elevated concerns about making ends meet in retirement. Realistically, these are valid concerns, which makes it all the more valuable to understand how retirement income might look over the next 10 years. Rather than relying on Social Security alone, it's likely that a large share of retirees will benefit from some active income as their primary careers come to an end. 

Given trends in the economy, as well as constantly shifting demographics, there's great reason to believe retirement income will have a different composition in the future.

Even though Social Security does act as a source of reliable income for most retirees, the overwhelming probability is that it won't be enough to cover all expenses in retirement. On the positive end, Social Security benefits do rise through cost-of-living adjustments (COLAs), which means they're one of the few guaranteed, inflation-adjusted income streams for retirees to depend on. This is why getting the most out of Social Security -- by either working longer or earning more during your career -- is absolutely essential. 

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Source Fool.com