 | There is a 40% chance that an American will be poor at some time after the age of 60. (AARP) In the last 10 years, the number of personal bankruptcies has doubled. (American Bankruptcy Institute) In 1999-2000, 64% of college students graduated with student loan debt. (MSN Money) Half of the 23 million Gen X women working today admit to living paycheck to paycheck, including the 30% who earn over $50,000 a year. (Financial Advisor Magazine) Due to busy careers and young families, adults aged 35 and younger are the most stressed people in the population. (American Demographics) More than 60% of mothers work full-time outside the home. (Children's Defense Fund) On average, a family making over $65,000 a year will spend over $240,000 to raise a child to 18 years old...not including college. (Children's Defense Fund) Only one-third of Baby Boomers save enough of what they need to retire at their current income level. (USA Today) 80% of Baby Boomers plan to work into their 70s, and most will do it to supplement their income. (AARP) Health care premiums have increased by double digits for the past few years-- six times the rate of inflation. (USA Today)
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