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Today's Quick STATS

New in the blog

The following is according to a survey by GOBankingRates:

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·       42% of Americans expect to retire broke (defined as having $10,000 or less saved)

·       Of that 42%, 14% ave absolutely nothing saved

 

The top 2 reasons given for having $10,000 or less saved:

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1.  I don't make enough money

2.  I'm struggling to pay bills

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On a brighter note (if only slightly):

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·       7% have $10,000 to $49,000 saved

·       13% have $50,000 to $99,999 saved

·       12% have $100,000 to $199,999 saved

·       10% have $200,000 to $299,999 saved

·       16% have $300,000 or more saved

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Questions:

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Where are you?

Where do you want to be?

Do you need help figuring it all out?

Are You Retirement Ready?

TODAY IN General History

TODAY IN FinancialHistory

Tip of the day

Get More Life Insurance on Top of Your Company’s Policy

 

The basic policy from your employer is often far too little. Not convinced? Read how extra life insurance saved one family.

WORTH A READ

WORTH A LOOK

Eye Catcher

Sources: Urban Institute analysis of Census Bureau data (income); Employee Benefit Research Institute (pct. with debt); NY Fed Consumer Credit Panel / Equifax (loans); Center for Retirement Research (at risk)

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