Wednesday, March 14, 2012

The Earnings of Older Americans

For older Americans, earnings as a source of income drop rapidly in importance with age. Here is the earnings share of the income of older Americans by age in 2010...

55 to 61: 72.3%
62 to 64: 52.0%
65 to 69: 31.4%
70 to 74: 15.5%
75 to 79:  8.5%
80-plus:   3.7%

Source: Social Security Administration, Income of the Population 55 or Older, 2010

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