Sentence examples for an average retiree from inspiring English sources
Can an average retiree handle this himself?
In 2014 this sum will amount to less than 15% of what will be needed to cover an average retiree's out-of-pocket expenses.
This is a city where even an average retiree can afford luxury-standard digs.
Social Security benefits replace only about 40percentt of an average retiree's recent earnings, new Congressional Budget Office (CBO) estimates show.
The rise will bring an additional $13 a month to the average retiree, pushing the monthly check to $895.
The AFL-CIO recently released a fact sheet arguing that changing indexation for Social Security would cost the average retiree $850 a year.It seems to be working.
When accounting for other expense like healthcare (20% more expensive in San Fran) and groceries (23.5% more expensive) the average retiree would need an annual gross income of $83,616 to live in San Francisco, about $66,000 of which would have to come from a 401(k) or IRA.
The average retiree got around $12,000 a year.
He concludes the average retiree can generate $32,000 a year well above the poverty line and quite comfortable for couples who pool their incomes.
They can donate more of their incomes to charitable causes, but that will not remedy the enormous disparity between what most people make for working an honest job every day of their lives and for what they make while living a life with as much leisure time as the average retiree.
Paul Krugman's suggestions for reforming Social Security will only enable the system to do exactly what it's been doing for 70 years: pay the average retiree the 2004 inflation-adjusted equivalent of $927 a month.
