Retirees are as good as gold for N.C. economy

News from the web:

The Triangle's growing retiree population is a major economic engine that fuels a wide range of businesses, nonprofits and more.

According to population counts, about 12 percent, or 1.1 million, of the state's 9 million-plus residents are over age 65. The bulk of these retirees are often living on fixed incomes, primarily Social Security, and in some instances on government or corporate pensions, and savings.

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