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Portfolio > Economy & Markets > Fixed Income

Income and spending preferences

By staff Writer

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  • 78%: Percentage of people age 50 to 64 with at least one credit card, compared with 55 percent who have a debit or check card.
  • 74%: Percentage of people over age 65 with at least one credit card, compared with 39 percent who have a debit or check card.
  • 74%: Percentage of retirees who receive income from Social Security.
  • 39%: Percentage of retirees who receive income from an employer pension plan.
  • 15%: Percentage of retirees who receive income from an IRA.
  • 12%: Percentage of retirees who receive income from a 401(k) or 403(b) plan.
  • 14%: Percentage of retirees who receive income from veterans’ benefits.

Source: AARP

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