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Big Income Losses For Those Near Retirement

Big Income Losses For Those Near Retirement

By CATHERINE RAMPELL
August 23, 2012, 2:00 pm

Americans nearing retirement age have suffered disproportionately after the financial crisis: along with the declining value of their homes, which were intended to cushion their final years, their incomes have fallen sharply.

The typical household income for people age 55 to 64 years old is almost 10 percent less in today’s dollars than it was when the recovery officially began three years ago, according to a new report from Sentier Research, a data analysis company that specializes in demographic and income data

Read more:
http://economix.blogs.nytimes.com/2012/08/23/big-income-loss...



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And gas is 4

bucks/gal again

Obama obama obama.......sick POS he is.

I'll strike a deal with GJers.
You fight to elect the guy (Dennis?) running against Nancy Pelosi and I'll vote for GJ-(Maybe)
Pelosi is dead set against having seniors in America have or keep any assets. She is pulling out the rug from under the very people who moved this country and the world into the information age..... Screw her and the horse she rode in on.

Keepin' it real.