[ad_1]
U.S. households in main cities residing on retirement earnings had hassle maintaining with everybody else between 2017 and 2022, in accordance with a contemporary batch of U.S. Census Bureau survey information.
In metropolitan areas with at the very least 200,000 households, retirement earnings elevated 24% over 5 years, to $32,011. However total common family earnings in these areas elevated by 30%, to $76,981.
In 12 large cities with the very best degree of retirement earnings, the 2022 earnings common was over $38,000, however solely a type of cities had a five-year improve of greater than 30%.
The gradual development in retirement earnings might partly be tied to the impact of low rates of interest on earnings from bonds and annuities.
Credit score:Â Fabio/Adobe Inventory
[ad_2]
