Golden
Years … Maybe Not
The average
senior citizen has a very small retirement income. In fact the median
income for those age 65 and up is only $2000 a month, according to the
Social Security Administration, with the most common retirement
income level being between $15,000 and $20,000 annually. While
Social Security is an important retirement benefit, with upwards of
90 percent of folks age 65 and older drawing benefits. However the amounts
received are at best minimal when one considers today's ever
escalating cost of living.
Roger L. Caron
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