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5 Worst House Districts for Extra Retiree Income

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(Related: Homeland Security Department Co-Creator to Lead ACLI)

Census Bureau information is a great, free (!!) tool for any financial professional with an interest in marketing, or shaping public policy. Here’s the fifth in a series of five articles about what key indicators look like when you break the numbers down by U.S. House of Representatives district.

Some parts of the United States are income planning deserts. Few of the older people there get income from any source other than Social Security. Some don’t even have ordinary Social Security benefits.

We used the Census Bureau’s American FactFinder tool to look at data on older Americans’ access to “retirement, survivor and disability” income, drawn from 2016 American Community Survey results.

We then broke the data down by U.S. House of Representatives district, to see which members of Congress represented the income planning deserts.

The share of residents ages 60 and older classified as being “with retirement income” (having pension or individual annuity income, or both) ranged from a high of almost 65%, in a district in Flint, Michigan, down to less than 25%, in five districts.

For the five bleakest income planning deserts, and the names of their members of Congress, see the slideshow above.

— Read 10 States Where Workers Went to Hellon ThinkAdvisor.

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NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.