Topics in Aging: Income and Poverty Among Older Americans in 2004
Description:
Older Americans are an economically diverse group. In 2004, the median
income of individuals age 65 and over was $15,199, but incomes varied widely
around this average. Twenty-eight percent of Americans 65 or older had incomes of
less than $10,000 in 2004, while 10% had incomes of $50,000 or more. As Congress
considers reforms to Social Security and the laws governing pensions and retirement
savings plans, it may be helpful to consider how changes to one income source would
affect each of the o…
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Date:
November 7, 2005
Creator:
Whitman, Debra B. & Purcell, Patrick J.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department