Earnings and overall income decline with age: Mean annual income of people age 65 and older by source and by age, 2014
Earnings | Social Security | Public pensions | Private pensions | 401(k)s, IRAs, etc. | Asset income | Other | |
---|---|---|---|---|---|---|---|
All | $10,119 | $12,232 | $2,840 | $3,131 | $966 | $4,019 | $1,590 |
65–69 | $18,272 | $10,736 | $2,714 | $2,922 | $899 | $3,998 | $1,821 |
70–79 | $7,632 | $13,147 | $3,005 | $3,393 | $1,154 | $4,119 | $1,475 |
80+ | $2,842 | $12,769 | $2,733 | $2,970 | $735 | $3,875 | $1,463 |
Note: See box in text defining income sources.
Source: EPI analysis of U.S. Census Bureau's Current Population Survey Annual Social and Economic Supplement microdata