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FAQs About Benefits—Retirement Issues

What percentage of the elderly's income comes from pensions and Social Security?

Among the elderly (those age 65 or older), 41% of their income came from Social Security in 2004, while pensions accounted for 19%. Lower income elderly are very reliant on Social Security, with over 90% of their income coming from Social Security, compared with the highest income elderly at 21%.

Chart Data

See also January 2006 EBRI Notes Article - Income of the Elderly Population: 2004

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