Median annual household income in March was $53,043, down 0.7 percent in real terms from February 2014, according to Sentier Research.

Household income fluctuation bears directly on the country's retirement landscape.  Understanding how current income trends compare to inflation-adjusted past trends helps put in content the extent of the current retirement crisis.

Sentier's research shows two themes, one relative to nearer terms, the other relative to a longer period of comparison. Despite last month's decline from the month before, median household income in March of 2014 was 1.3 percent higher than in March 2013, and 3.0 percent higher than in August 2011 ($51,482), when the low point in household income was hit subsequent to the last recession.

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