High income is ‘central’ to aging, this new study finds — for a person’s retirement security, health and even hobbies
1. 60% of upper-income seniors report aging very well in multiple aspects. 2. 18% of upper-income seniors are employed full-time, outperforming middle and lower income. 3. 72% of higher-income older adults feel confident about retirement finances. 4. Income greatly influences physical and mental well-being among older adults. 5. 54% of baby boomers worry about outliving retirement savings, indicating financial stress.