Wednesday, April 16, 2014

Income of the Population 55 or Older

Among people aged 55 or older, earnings as a share of total income by age...

Aged 55 to 61: 73%
Aged 62 to 64: 55%
Aged 65 to 69: 32%
Aged 70 to 74: 16%
Aged 75 to 79: 9%
Aged 80-plus: 4%

Among people aged 55 or older, Social Security as a share of total income by age...

Aged 55 to 61: 9%
Aged 62 to 64: 22%
Aged 65 to 69: 43%
Aged 70 to 74: 58%
Aged 75 to 79: 65%
Aged 80-plus: 70%

Source: Social Security Administration, Income of the Population 55 or Older, 2012

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