Average Wages | Retiree Turned 65 in 1975 | Retiree Turned 65 in 2010 | Retiree Turns 65 in 2030 |
|---|---|---|---|
Low | $46,807 | $8,286 | $3,062 |
Medium | $53,999 | −$43,255 | −$85,945 |
High | $52,284 | −$95,212 | −$193,874 |
Source: Steuerle, C. Eugene, and Adam Carasso. 2004. The USA TODAY Lifetime Social Security and Medicare Benefits Calculator Assumptions and Methods, http://www.urban.org/retirement_policy/url.cfm?ID=900746. Low, medium, and high earnings are $30,000, $60,000, and $120,000 in inflation-adjusted 2004 dollars. | |||