Mature Market Stat of The Day: Sources of Income for Seniors 55+

        For seniors 55+, social security accounts for  40% of their income; followed by earnings (25%), pensions (19%), asset income (14%), and “other” at 2%.

Source:  Federal Interagency Forum on Aging-Related Statistics

Note: In my 15+ years of dealing with the 65+ market, the only “pocket” they will pull money from for daily expenses is social security. This is one of the reasons less than 3% of the age and income qualified mature market ever makes the move to a retirement community. The value of the home and income-earning assets is viewed as “untouchable.”

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