Table 5. Percentage of aged households1 by source of income, and shares of aggregate income from these sources: 1962 and 1984.
Income source | 1962 | 1984 |
---|---|---|
Percentage of households1 with income from: | ||
Social security | 69 | 91 |
Private pensions | 9 | 24 |
Government employee pensions | 5 | 14 |
Assets | 54 | 68 |
Earnings | 36 | 21 |
Percentage of aggregate household income provided by: | ||
Social security | 31 | 38 |
Private pensions | 3 | 6 |
Government employee pensions | 6 | 7 |
Assets | 16 | 28 |
Earnings | 28 | 16 |
All other sources of income | 16 | 5 |
An aged household is either a married couple living together with one or both members age 65 or over, or an individual age 65 or over who does not live with a spouse.
SOURCE: Yeas, M. A., and Grad, F.: Social Security Bulletin. Vol. 50, No. 7. Pub. No. 13-11700. Office of Research and Statistics, Social Security Administration. Washington. U.S. Government Printing Office, July 1987.