Social Security's share of older Americans' income climbs with age, reaching 40% among those 80 and older.
Most older adults supplement Social Security with wages, pensions, retirement funds, and income from ****** ets.
You may envision relying on Social Security during retirement, but the data shows older adults tend to depend on other income sources.
About 19% of Americans 65 and older rely on Social Security for 90% or more of their income, according to a 2025 Congressional Research Service report. Other sources fill the gap, according to the ****** ysis: wages, pension and retirement fund payments, along with income from ****** ets. The report matched individual tax records with survey responses.
All told, Social Security accounted for 30% of income among Americans 65 and older, with wages contributing 27%, pensions and retirement funds 24%, and ****** et income 12%, the report found. The last category includes interest and dividends, as well as income from renting out property or owning a business.
#pensions
Most older adults supplement Social Security with wages, pensions, retirement funds, and income from ****** ets.
You may envision relying on Social Security during retirement, but the data shows older adults tend to depend on other income sources.
About 19% of Americans 65 and older rely on Social Security for 90% or more of their income, according to a 2025 Congressional Research Service report. Other sources fill the gap, according to the ****** ysis: wages, pension and retirement fund payments, along with income from ****** ets. The report matched individual tax records with survey responses.
All told, Social Security accounted for 30% of income among Americans 65 and older, with wages contributing 27%, pensions and retirement funds 24%, and ****** et income 12%, the report found. The last category includes interest and dividends, as well as income from renting out property or owning a business.
#pensions
3 months ago
