Tag: Delaying retirement|Saving for retirement|Social Security|Statistics|Stock market|Study|Working longer
Big Income Losses for Those Near Retirement
Another reason, besides the housing bust, that Americans nearing retirement age may have suffered most from the financial crisis: The typical American 55 to 64 years old has a household income almost 10 percent less than it was when the recovery officially began three years ago, according to a new report from Sentier Research.