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Elderly Income Sources: Relative Importance and Age - American - amstat

Elderly Income Sources: Relative Importance and Age - American - amstat 2025

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The document presents a study on the income sources of elderly individuals aged 65 and older, highlighting significant trends in income distribution from 1988 to 1998. It emphasizes the increasing reliance on social security as a primary income source, particularly for those aged 80 and above, while earnings from work decrease significantly with age. The analysis uses data from the Social Security Administration and examines how income sources vary across different age groups within the elderly population, concluding that understanding these variations is crucial for assessing economic well-being among the elderly.

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