Thursday, October 16, 2014

Poverty among those 65 years old and up

Poverty among those 65 years old and up

Excluding Social Security benefits from income, the poverty rate for Americans 65 years old and up is 52.6% roughly 23.4 million people.

The official poverty threshold for a two-adult-two-child family was $23,624 in 2013, $11,670 for a family unit of 1 and $15,730 for a family unit of 2.

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