Income of the Aged Chartbook, 2001

Change in shares of aggregate income, by source, selected years

This line chart shows the change in shares of aggregate income from Social Security, asset income, pensions, earnings, and other income from 1962 to 2001.

Social Security

In 1962, the share of aggregate income from Social Security was 31%. That percentage rose to a high of 42 in 1994, but then declined to 38 in 1998. The aggregate percentage from Social Security in 2001 is 39.

Asset Income

The aggregate share from asset income was 16 in 1962, rose to a high of 28 in 1984, but then fell to 16 in 2001.

Pensions

The share of aggregate income from pensions was 9 in 1962. The share of pension income rose to a high of 20 in 1992, and has fallen slightly since then, with 18 percent of aggregate income coming from pensions in 2001.

Earnings

In 1962, earnings composed 29 percent of aggregate income, and then declined to a low of 16 in 1984. The share from earnings then steadily rose to 24 percent of aggregate income in 2001.

Other Income

The share of aggregate income from other sources was 16 in 1962, then fell sharply over the next 14 years. The aggregate share of other income sources has been around 3 since the early 1980s.

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