Income and poverty numbers..

[usta in Portland]

Here is a link to the Census abstract from which the numbers are bing pulled for numerous news articles-or at least I think this is the case.

There are interesting details amid the various categories of numbers.
I found the numbers on 'doubling up' interesting in particular.

http://www.census.gov/newsroom/releases/archives/income_wealth/cb11-157.html

The long and short of the household income and household wealth story at present is that the median household income is just under $50,000 and median household wealth at just above $90,000.

Also, here is a tabulation of the average 401k account by age groups covering the middle age and above group.

• 40 to 44, $59,900
• 45 to 49, $81,100
• 50 to 54, $105,400
• 55 to 59, $122,400
• 60 to 64, $120,600
• 65 to 69, $122,900
• 70+, $96,700

The $120,600 for the 60-64 might possibly produce $7000/yr in income if invested in a long term muni bond of just barely investment grade.
At current treasury level that amount would be $4200.
Welcome to retirement America!!!:shock: