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<blockquote data-quote="Babagounj" data-source="post: 1013625" data-attributes="member: 12952"><p><strong>Big Income Losses for Those Near Retirement</strong></p><p><a href="http://economix.blogs.nytimes.com/2012/08/23/big-income-losses-for-those-near-retirement/?hp" target="_blank">http://economix.blogs.nytimes.com/2012/08/23/big-income-losses-for-those-near-retirement/?hp</a></p><p></p><p>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.</p><p>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.</p><p></p><p><img src="http://graphics8.nytimes.com/images/2012/08/23/business/economy/economix-23incomechange/economix-23incomechange-blog480-v2.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Sources: Sentier Research estimated annual household income derived from the monthly Current Population Survey conducted by the Census Bureau.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 1013625, member: 12952"] [B]Big Income Losses for Those Near Retirement[/B] [url]http://economix.blogs.nytimes.com/2012/08/23/big-income-losses-for-those-near-retirement/?hp[/url] 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. [IMG]http://graphics8.nytimes.com/images/2012/08/23/business/economy/economix-23incomechange/economix-23incomechange-blog480-v2.jpg[/IMG]Sources: Sentier Research estimated annual household income derived from the monthly Current Population Survey conducted by the Census Bureau. [/QUOTE]
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