Where Do Old People Get Their Income?
What do you know about the age group 65+?
- Aged units 65 to 69 are the most likely to be married couples (50.8%), while aged units 80 or older are most likely to be nonmarried women (53.0%).
- The median income for units aged 65 or older is $28,056 - but the older you are, the lower the income.
- Married has higher income, and social security income is over 50% of the income for almost 2/3rds of people 65+. Income breakdown in graphic below.
[click on picture below to view Social Security Study]
Source: http://www.ssa.gov/policy/docs/chartbooks/income_aged/2012/iac12.pdf
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