Sunday, July 7, 2013

Seniors in 48 states face serious income shortage

 


Seniors in almost every state in the country are falling short when it comes to affording their golden years, according to a study released Monday.

Nationwide, seniors are living off of a median household income of $35,107, roughly 57% of the median income of their younger counterparts ages 45 to 64, according to an analysis of 2011 U.S. Census Bureau data by Interest.com, a financial information website owned by Bankrate.com.
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