AARP has just released the first-ever annual "AARP Quality of Life Index" in its report "State of 50+ America".
You can download a full copy of the report (in Adobe format).
The life index factors factors for Americans aged 50 to 64 improved on every economic measure over the decade. Older individuals (65+) improved on most measures, except that their share of income from sources other than Social Security declined, and their employment rate and self-reported health status also decreased.
AARP's Director of Policy and Strategy (John Rother) noted that “..with the stock market boom of the 90s, retirees could have been expected to get more of their income from sources other than Social Security. But the report showed that the percentage of those 62 and older who receive a majority of their income from non-Social Security sources actually declined slightly over the 10 year period by nearly one percentage to just 50%...”
This is a well produced and research document. A must to download if you are interested in the US 50+ market.
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