Property News · August 8, 2017

Pensioners living in golden era as income rise outstrips workers'


Gross household incomes for the retired nearly tripled between 1977 and 2016, but doubled for working households, says ONSPensioners enjoyed a golden era between 1977 and 2016, with official figures revealing that their incomes have nearly tripled in real terms, rising much faster than the incomes of working people.The average gross income for a pensioner household soared to £29,000 in 2016 from £10,500 in 1977, after the figure was adjusted for inflation, according to the Office for National Statistics. Over the same period the gross income for working households only doubled from £20,200 to £41,900. Continue reading…

Source : theguardian.com
Read more…Pensioners living in golden era as income rise outstrips workers’

You may also like...