Relative Importance of Income Sources for Aged Units

Table 6.A1
Percentage distribution, by age, 2004
Aged 65 or older
Proportion of income

Aged 55–61

Total

Aged 62–64

Retirement benefits
Total percent
0

100

100

65–74

75 or older

100

100

a

100

74

40

6

8

4

1–19 b
20–39
40–59
60–79
80 or more

6
5
4
3
9

11
9
8
6
25

4
8
9
11
62

7
11
11
11
51

2
5
7
11
72

50 or more
90 or more
100

13
8
5

35
22
13

78
54
30

68
44
23

87
63
35

Mean proportion

14

37

75

67

83

15,053

4,782

25,891

12,538

13,353

Number (thousands)

Social Security
Total percent

c

100

100

100

100

100

0
1–19 b
20–39
40–59
60–79
80 or more

87
3
3
2
1
4

52
13
10
7
4
14

9
9
15
16
14
38

11
13
18
17
12
29

6
5
11
15
16
46

50 or more
90 or more
100

7
4
3

21
12
9

60
31
20

49
24
15

70
38
24

Mean proportion

7

24

60

52

67

15,053

4,782

25,891

12,538

13,353

Number (thousands)

(Continued)

Income of the Population 55 or Older, 2004 ♦ 109

Relative Importance of Income Sources for Aged Units
Table 6.A1
Percentage distribution, by age, 2004—Continued
Aged 65 or older
Proportion of income

Aged 55–61

Aged 62–64

Total

65–74

75 or older

a

Retirement benefits (cont.)
Government employee pensions
Total percent

d

100

100

100

100

100

93

89

86

86

87

1–19 b
20–39
40–59
60–79
80 or more

2
2
1
1
1

2
3
2
1
2

2
3
4
2
2

3
4
4
2
2

2
3
4
3
2

50 or more
90 or more
100

3
1
0

4
1
1

6
1
0

6
1
0

6
1
0

Mean proportion

3

5

6

6

6

15,053

4,782

25,891

12,538

13,353

0

Number (thousands)

Private pensions or annuities
Total percent

100

100

100

100

100

90
4
2
1
1

80
9
4
4
2

70
12
10
6
2

71
11
9
6
2

69
13
10
6
2

80 or more
50 or more
90 or more
100

2
3
1
1

2
5
1
1

1
4
0
0

1
5
1
0

1
4
0
0

Mean proportion

4

7

9

9

9

15,053

4,782

25,891

12,538

13,353

0
1–19 b
20–39
40–59
60–79

Number (thousands)

(Continued)

110 ♦ Income of the Population 55 or Older, 2004

Relative Importance of Income Sources for Aged Units
Table 6.A1
Percentage distribution, by age, 2004—Continued
Aged 65 or older
Proportion of income

Aged 55–61

Aged 62–64

Total

65–74

75 or older

Earnings
Total percent

100

100

100

100

100

0

16

34

76

63

89

1–19 b
20–39
40–59
60–79
80 or more

2
3
5
8
65

4
5
7
10
40

5
4
5
5
5

7
6
8
8
8

3
2
2
2
2

50 or more
90 or more
100

77
58
22

54
33
11

12
3
2

21
6
2

4
1
1

Mean proportion

73

51

12

20

5

15,053

4,782

25,891

12,538

13,353

Number (thousands)

Income from assets
Total percent

100

100

100

100

100

0
1–19 b
20–39
40–59
60–79
80 or more

41
52
3
2
1
2

40
50
5
3
1
2

44
43
7
3
2
1

42
45
7
3
1
1

45
41
7
3
2
2

50 or more
90 or more
100

3
2
1

4
2
1

4
1
1

4
1
1

5
1
1

Mean proportion

6

7

8

8

8

15,053

4,782

25,891

12,538

13,353

Number (thousands)

(Continued)

Income of the Population 55 or Older, 2004 ♦ 111

Relative Importance of Income Sources for Aged Units
Table 6.A1
Percentage distribution, by age, 2004—Continued
Aged 65 or older
Proportion of income

Aged 55–61

Aged 62–64

Total

65–74

75 or older

Public assistance
Total percent

100

100

100

100

100

0
1–19 b
20–39
40–59
60–79
80 or more

95
1
1
1
0
2

95
1
1
1
0
2

95
1
1
1
0
1

95
2
1
1
0
2

96
1
1
0
0
1

50 or more
90 or more
100

3
2
2

2
2
1

2
1
1

2
1
1

2
1
1

Mean proportion

3

3

2

2

2

15,053

4,782

25,891

12,538

13,353

Number (thousands)

NOTE: Units with zero total income or with negative total income, earnings, or income from assets are excluded.
a. Includes Social Security benefits, Railroad Retirement, government employee pensions, and private pensions or annuities.
b. Includes units with at least $1 but less than 1 percent of income from the specified source.
c. Includes retired-worker benefits, dependents' or survivors' benefits, disability benefits, transitionally insured benefits, and special age-72 benefits.
d. Includes federal, state, local, and military pensions.

112 ♦ Income of the Population 55 or Older, 2004

Relative Importance of Income Sources for Units 65 or Older
Table 6.A2
Percentage distribution, by quintiles of total money income, 2004
Proportion of income

Total

First

Second

Retirement benefits
Total percent

Third

Fourth

Fifth

a

100

100

100

100

100

100

0
1–19 b
20–39
40–59
60–79
80 or more

6
4
8
9
11
62

13
1
1
3
6
76

2
0
2
4
8
84

3
1
4
9
12
71

5
2
9
13
17
54

8
17
22
15
12
26

50 or more
90 or more
100

78
54
30

85
71
55

94
77
49

88
62
29

78
44
15

45
19
4

Mean proportion

75

81

90

83

74

49

25,891

4,520

5,443

5,318

5,297

5,312

Number (thousands)

Social Security
Total percent

c

100

100

100

100

100

100

0
1–19 b
20–39
40–59
60–79
80 or more

9
9
15
16
14
38

15
1
1
4
7
72

4
1
3
7
14
72

5
2
8
22
24
38

8
5
22
33
23
10

12
35
37
13
2
1

50 or more
90 or more
100

60
31
20

81
65
50

90
61
37

76
28
12

48
5
1

7
1
1

Mean proportion

60

78

84

67

48

24

25,891

4,520

5,443

5,318

5,297

5,312

Number (thousands)

(Continued)

Income of the Population 55 or Older, 2004 ♦ 113

Relative Importance of Income Sources for Units 65 or Older
Table 6.A2
Percentage distribution, by quintiles of total money income, 2004—Continued
Proportion of income

Total

First

Second

Third

Fourth

Fifth

a

Retirement benefits (cont.)
Government employee pensions
Total percent

d

100

100

100

100

100

100

86

99

96

88

80

71

1–19 b
20–39
40–59
60–79
80 or more

2
3
4
2
2

0
0
0
0
0

1
1
1
1
1

2
3
3
2
2

3
5
6
4
2

6
7
8
5
3

50 or more
90 or more
100

6
1
0

1
0
0

2
0
0

6
1
1

10
1
0

11
1
0

Mean proportion

6

1

2

6

10

13

25,891

4,520

5,443

5,318

5,297

5,312

0

Number (thousands)

Private pensions or annuities
Total percent

100

100

100

100

100

100

0
1–19 b
20–39
40–59
60–79
80 or more

70
12
10
6
2
1

93
3
1
1
1
1

81
11
5
2
1
0

64
14
13
7
1
1

54
15
17
11
3
0

61
16
11
8
4
1

50 or more
90 or more
100

4
0
0

2
1
1

1
0
0

3
0
0

7
0
0

8
0
0

Mean proportion

9

3

4

10

14

12

25,891

4,520

5,443

5,318

5,297

5,312

Number (thousands)

(Continued)

114 ♦ Income of the Population 55 or Older, 2004

Relative Importance of Income Sources for Units 65 or Older
Table 6.A2
Percentage distribution, by quintiles of total money income, 2004—Continued
Proportion of income

Total

First

Second

Third

Fourth

Fifth

Earnings
Total percent

100

100

100

100

100

100

0
1–19 b
20–39
40–59
60–79
80 or more

76
5
4
5
5
5

96
1
1
0
0
1

94
2
1
1
1
1

84
5
4
4
2
2

68
7
7
8
6
5

42
10
7
12
15
14

50 or more
90 or more
100

12
3
2

2
1
1

2
1
1

6
2
1

15
4
2

36
8
2

Mean proportion

12

2

3

7

15

33

25,891

4,520

5,443

5,318

5,297

Number (thousands)

5,312
(Continued)

Income of the Population 55 or Older, 2004 ♦ 115

Relative Importance of Income Sources for Units 65 or Older
Table 6.A2
Percentage distribution, by quintiles of total money income, 2004—Continued
Proportion of income

Total

First

Second

Third

Fourth

Fifth

Income from assets
Total percent

100

100

100

100

100

100

0
1–19 b
20–39
40–59
60–79
80 or more

44
43
7
3
2
1

75
18
2
1
0
4

59
35
4
1
0
0

43
46
7
2
1
0

29
56
11
3
1
0

17
55
11
7
6
3

50 or more
90 or more
100

4
1
1

4
3
3

1
0
0

2
0
0

3
0
0

12
0
0

Mean proportion

8

5

4

6

8

16

25,891

4,520

5,443

5,318

5,297

5,312

Number (thousands)

NOTES: Quintile limits are $10,399, $16,363, $25,587, and $44,129 for aged units.
Units with zero total income or with negative total income, earnings, or income from assets are excluded.
a. Includes Social Security benefits, Railroad Retirement, government employee pensions, and private pensions or annuities.
b. Includes units with at least $1 but less than 1 percent of income from the specified source.
c. Includes retired-worker benefits, dependents' or survivors' benefits, disability benefits, transitionally insured benefits, and special age-72 benefits.
d. Includes federal, state, local, and military pensions.

116 ♦ Income of the Population 55 or Older, 2004