Low-income seniors rely on Social Security benefits for over 80 percent of their income
April 01, 2010
SOURCE: Data derived from the Social Security Administration Income of the Population 55 or Older: 2008. Calculated by PGPF.*A quintile is one fifth of the distribution. E.g. the lowest quintile is the 20% of the population with the lowest income.**The median refers to the median income level within each quintile.NOTE: Data assumes that seniors spend down a portion of their assets to supplement their income in retirement. Total asset levels for each quintile is imputed based upon total asset income.
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Social Security Deficits through 2035 Growing Social Security Deficits Low-Income Seniors Rely on Social Security Composition of Spending 1965-2010 Social Security, Health Care, and Defense Spending 1965-2010 Where The Growth In Spending Comes From The Size of Tax Expenditures Worker-to-Beneficiary Ratio in the Social Security Program The Growth of Entitlement Programs Social Security: Policy Options Personal Savings, 1950-2011 Shares of Income, 1980 & 2005 The Aging of the U.S. Population Trends in the Composition of the Elderly Population Low-Income Seniors Rely on Social Security Trends in Income Growth, 1980-2007 Household Debt, 1955-2010 Life Expectancy Varies by Income Level Worker-to-Beneficiary Ratio in the Social Security Program The Growth of the Income of the Top 1% Median Male Income Growth 1955-2010
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