With the Baby Boomers firmly in the retirement lane (with the blinker on, of course) and subsequent generations already there, the folks over at the U.S. Census Bureau recently published a new report detailing the income sources of older households. The report examines older households’ sources of income, the amounts of these incomes, and how much each source of income contributes to the total. As would be expected, older households receive income from a variety of sources, including social security, private retirement accounts, and earnings. Continue reading HERE...
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