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Table 8.Percent of individuals who win and lose 5 percent or more of income at age 67 between the baseline andU.K. scenarios, by selected characteristicsCharacteristicFirstboomers(1946–1950)WinnersSecondboomers(1951–1955)Thirdboomers(1956–1960)Lastboomers(1961–1965)Firstboomers(1946–1950)LosersSecondboomers(1951–1955)Thirdboomers(1956–1960)Lastboomers(1961–1965)All 1 1 2 3 3 7 9 10SexWomen 1 1 2 2 3 7 9 11Men 1 1 2 3 3 8 10 10Marital statusNever married 1 1 2 3 1 7 8 8Married 1 1 2 3 3 8 10 11Widowed 1 1 1 3 2 6 7 9Divorced 1 1 2 2 3 6 9 11Race/ethnicityNon-Hispanic white 1 1 2 3 3 8 10 11Non-Hispanic black 1 1 2 3 3 7 10 12Hispanic 1 1 2 2 3 3 7 7Other 0 1 2 2 1 5 5 7EducationHigh school dropout 0 1 1 1 1 2 4 6High school graduate 1 1 2 3 3 7 10 11College graduate 1 1 2 3 4 8 10 12Labor force experienceLess than 20 years 0 0 1 1 1 1 2 420 to 29 years 1 1 1 2 2 3 6 630 or more years 1 1 2 3 4 9 11 12Shared lifetime earningsBottom quintile 0 0 1 1 1 1 2 32nd quintile 1 1 2 3 2 4 6 83rd quintile 1 1 2 3 3 8 10 124th quintile 1 1 3 4 4 11 13 13Top quintile 2 2 2 3 5 12 15 16Income quintileBottom quintile 0 1 1 2 1 1 2 32nd quintile 1 1 2 3 2 4 7 93rd quintile 1 1 2 3 4 8 11 124th quintile 1 1 2 3 4 12 15 14Top quintile 1 1 1 2 5 10 12 15SOURCE: Authors' computations of MINT5 (see text for details).NOTE: Sample includes individuals with a change of $10 in per person family income at age 67 between the baseline and U.K. scenarios.Projections exclude individuals with family wealth in the top 5 percent of the distribution. Shared lifetime earnings is the average of wageindexedshared earnings between ages 22 and 62, where shared earnings are computed by assigning each individual half the total earningsof the couple in the years when the individual is married and his or her own earnings in years when nonmarried. Winners and losers aredefined as having a 5 percent or more change in income between the baseline and U.K. scenarios.16 Social Security Bulletin • Vol. 69 • No. 3 • 2009