I worded it wrong about the $74,000 and where did it come from. I knew what was in the article I just meant that $74,000 was without SS and $74,000 is more than the median household income.
The link for household income for 2012 has been in many policy papers. Here is an article from the a newspaper.Log In - The New York Times
If you want the average SS check amount it has been on TV in the papers and in articles on the internet when telling us about the 1.5% increase in the SS check. Here is a link from the SS website verifying the amount for the last calendar year if you missed it. Average monthly Social Security benefit for a retired worker
Most of the over 65 seniors are very lucky. We have healthcare (Medicare) and a steady income from SS. We can survive on that. If we have no 401K or no IRA that is because of choices we made. IRA's have been around since the 70's and how we invested either in the market or by listening to Ken and his CD tables. I first read about Ken in the Wall Street Journal many years ago (before I had internet where I lived) when I was working. He has been mentioned in every investing or money magazine I have read. The ones who have lost their job are the ones we need to help. In most cases hat is not a choice they made.