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The Facts Print E-mail

 

  • 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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