25
28
-9
66
62
-2
20
12
-19
31
49
-8
31
33
-12
9
5
-5
16
5
-4
2
14
27
US 1979 to 2010
UK 1979 to 2010
Italy 1986 to 2010
France 1978 to 2010
Spain 1980 to 2010
Germany 1978 to 2010
Canada 1987 to 2010
Australia 1985 to 2010
Age 70-74
Age 65-69
Age 25-29
Source: Luxembourg Income Study database
Percentage growth in household disposable
income above or below national average growth
rate, by age of head of household or spouse
Pensioners have seen significantly
higher disposable income growth
than young people in almost
every wealthy country over the
last few decades
Age 70-74
Age 65-69
Age 25-29
25
28
-9
66
62
-2
20
12
-19
31
49
-8
31
33
-12
9
5
-5
16
5
-4
2
14
27
US 1979 to 2010
UK 1979 to 2010
Italy 1986 to 2010
France 1978 to 2010
Spain 1980 to 2010
Germany 1978 to 2010
Canada 1987 to 2010
Australia 1985 to 2010
Percentage growth in household disposable income above or below national average growth rate,
by age of head of household or spouse
Pensioners have seen significantly higher disposable
income growth than young people in almost every
wealthy country over the last few decades
Source: Luxembourg Income Study database