A recently released survey estimates median annual household income among retirees is $32,000, and more than half of retirees (53 percent) live on less than $50,000, according to “The Current State of Retirement: A Compendium of Findings about American Retirees.” Read more: http://www.app.com/story/money/personal-finance/2016/07/24/retirement-costs/87091594/