4,W Rural Farm
 4,000- : -
 3 0 Rural Nonfarm
 3,000- -

 2,ooo- :.....
 I,000- : :


 0-
 Region Florida Region Florida
 White Families Negro Families
 Figure 3.--Annual farm and nonfarm family incomes reported for 1963,
the Southern region and Florida compared.

income for security during retirement than upon savings, but
thrift in the form of savings is still treasured. And to those
comparative few who can and do save in substantial amounts the
retirement horizon appears reassuring, but to others the out-
look for old age is less promising.
 In the rural South, most families who accumulate savings
do so largely for long-range security and protection against
uncertainties. Resources reported were chiefly as investments
in home and/or farm, interest bearing deposits in banks, and
cash surrender values of life insurance policies. While the
average total resources reported per family approached $15,000
(Table 6), the range was from nearly zero to sums in six figures.
 Within given categories, home owners saved more than non-
owners and white families more than Negro families (Table 7).
The median values of assets emphasize the disparity of re-
sources held by many families.

 ECONOMIC OUTLOOK FOR RETIREMENT
 When the male respondents in this survey reach age 65,
 approximately 92 per cent of all Florida families and 90 per cent
 of all families in the region expect to be eligible for Social
 Security benefits (Table 2). In addition to Social Security
 coverage earned by husbands about 15 per cent of the white