Over Half of U.S. Seniors Earning Under $30K a Year, Highlighting Dire Retirement Landscape

Just over half of Americans over 65 are earning under $30,000 a year, showing the stark retirement crisis.

The National Retirement Risk Index found 50% of households won't maintain pre-retirement living standards.

73% of those in the bottom wealth group are at risk of not maintaining pre-retirement living standards.

Over 10% of seniors live in poverty, and without Social Security 38% would be below the poverty line.

U.S. trails most other wealthy nations in social security benefits as a percentage of workers' former earnings.