5 Halloween Facts That Will Scare The Living Daylights Out Of You…
What’s scarier than zombies and Frankensteins? These real-life statistics that all of us desperately need to do something to change:
1) Non-retired Americans, on average, say they will retire at age 66. This projected age of retirement has stayed about the same in recent years but is up from previous decades. During the 1990s, the average American projected retiring at age 60.
2) Two-thirds of Americans would struggle to scrounge up $1,000 in an emergency, according to The Associated Press-NORC Center for Public Affairs Research.
3) More than half of Americans have less than $10,000 saved for retirement. A recent Go Banking survey found over half of Americans have no more than $10,000 saved for retirement, and 1 in 3 have nothing saved at all.
4) Nearly one-third of homeowners of retiring age still have mortgage debt.
5) Only 24 percent of millennials demonstrate basic financial literacy, according to a study from the National Endowment for Financial Education. This statistic is made even more worrying considering that 69 percent of the millennials surveyed rated their financial knowledge highly, according to the study, done in partnership with the Global Financial Literacy Excellence Center at George Washington University.
Want to do something about it? Set aside 30 mins to watch our new free video training where you’ll learn how to ensure you’re on the other side of these statistics.