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Fact of the Week: 30 April 2012


fact of the week

Almost Half of Adults Aged 65-69
Receive Wages, Salaries, or Income
from Self-employment

According to a 2012 report from the Social Security Administration, "aggregate income for the aged population (age 65+) comes largely from four sources. Social Security accounts for 36.7%, earnings for 30.2%, pensions for 18.6%, and asset income for 11.4%." Among those aged 65-69, 48.6% received earnings, that is, income from wages and salaries or self-employment.

Social Security Administration. (2012) Income of the aged chartbook, 2010. Washington, DC: Retrieved from www.ssa.gov.


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