Georgia No. 28 Largest Gap Between Senior Citizens’ Incomes, 45-64 year-olds’ Incomes
Tuesday, May 24th, 2016
Georgia’s senior citizens’ retirement incomes are falling short, according to a new study.
Bankrate.com reported financial experts’ rule of thumb is that retirees need 70 percent of the income that they earned during their working years. Georgia fell short: residents who are 65 and older have a median annual income that’s 62 percent of the median annual income earned by the state’s 45-64 year-olds.
