Sentences with phrase «upper income quintiles»

Recent studies indicate that while spending patterns shift in retirement, the overall trend in real dollars is down, and for the majority of retirees in the middle and upper income quintiles, they may find themselves with income that exceeds their spending.

Not exact matches

With only the two upper quintiles of American households seeing any kind of meaningful income growth, and the bottom three quintiles still feeling the lingering effects of the recession, the holiday spending landscape has likely become bifurcated.

Social Security represents a substantial share of income for the bottom quintile but is less important for higher - earners — reflecting the progressive nature of the benefit formula and the fact that higher - earners have many other sources of income — whereas private retirement income is less important at the low end but is more important for middle and upper - income groups (those at the very top mostly rely on investment or business income).