average retirement income single person
Pensions are another source of the average retirement income. About 30.3 percent of persons 65 and over have an average of $17,162 in pensions per year. This is another source of income that is declining. Most companies are phasing out their pension plans.ower Retiree Income. By comparing average income for people in the 65 to 74 year age group to the average income they made 10 years earlier in the 55 to 64 year age group, I found that retirees have an approximately 23 percent drop in real income.