The Typical Retiree’s Income Is Shockingly Low
A surprising number of retirees have been scraping by — even before the pandemic.
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A surprising number of retirees have been scraping by — even before the pandemic.
Chris Kissell • December 12, 2020
If you are a retiree who finds it tough to make ends meet, join the club.
Retiree households had an estimated median income of just $29,000 before taxes in 2019, according to the 20th annual Transamerica Retirement Survey of Retirees.
Even worse, just over 1 in 4 retiree households — 27% — reported an income of...,
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