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Pension Income Plays Significant Role in Supporting Retirees' Spending (PDF)
Employee Benefit Research Institute [EBRI] Link to more items from this source
May 2, 2019
"[W]hile about a third (34 percent) of households with regular pension/annuity income spent more than their income, nearly half -- 46 percent -- of households without regular pension/annuity income spent more than their total income ... While the average single retiree and retired couple had fairly similar spending-to-income ratios (86 percent and 80 percent respectively), at the median there is a significant difference: the median single retired households spent 112 cents for every dollar of income reported; in comparison, the median retired couple spent 86 cents for every dollar of reported income."

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