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Average household income of seniors ages 65-69 is 29 percent lower than it was between the pre-retirement ages of 55 and 59, new research reveals. The Employee Benefits Research Institute discloses this finding in the September 2013 edition of “Notes,” a monthly newsletter published by EBRI’s Education and Research Fund. The research results are based on data from a University of Michigan “Health and Retirement Study,” a national survey of older Americans.

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