Retirement Income: 2022 Survey of Income and Program Participation Snapshots

Retirement income plays a crucial role in financial stability for older adults, yet only 48% of those aged 65 and over receive it outside of Social Security. Pensions, IRAs, and 401(k)s are the primary sources, with men more likely than women to receive this income. The median retirement income varies across demographic groups, highlighting disparities in financial security among retirees. As retirement plans evolve, understanding these income trends is essential for shaping policies that support long-term financial well-being.