Mean income of households age 62–79, by source, 1992–2010 (2010 dollars)
Year | Earnings | Social Security | Defined-benefit pension | Other |
---|---|---|---|---|
1992 | $7,919 | $11,383 | $6,768 | $10,421 |
1998 | $9,263 | $13,172 | $7,432 | $11,098 |
2004 | $12,270 | $13,638 | $7,649 | $9,011 |
2010 | $16,931 | $14,186 | $7,545 | $9,203 |
Note: Regular payments from IRA, Keough, or 401(k) accounts and annuities are a small part of "other" income. Lump sum withdrawals from retirement savings plans are not included.
Source: Authors' analysis of Current Population Survey microdata