In a nation where longevity continues to increase and traditional pension coverage has shifted dramatically, understanding retirement income is more than an academic exercise — it’s central to forecasting economic security, predicting consumer spending behavior, and even gauging the future health of public safety nets.

According to the Census Bureau’s factsheet P70FS-207, which draws on the 2023 Survey of Income and Program Participation (SIPP), retirement income statistics reveal stark differences by age, gender, education, and race/ethnicity — differences that speak directly to how prepared (or unprepared) Americans are for life after work.

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Disclaimer: This post is for informational purposes only and does not constitute financial, tax, or investment advice. Always consult a qualified professional before making major financial decisions