Reported 8 months ago
Recent findings from the United States Census Bureau show that retirees aged 65 and older have an average income of $75,254, with a median income of $47,620. This income distribution underscores the need for tailored financial planning as not all retirees earn the same. Diversified income sources, including pension benefits and earnings from interests, dividends, or labor income, are critical for financial stability. Proactive retirement planning, guided by a financial advisor, is emphasized to ensure personal needs and goals align with a secure and comfortable retirement.
Source: YAHOO