Monday, January 19, 2015

Financial Status of Baby Boomers

Among people aged 50 to 64, fewer than one in four feels financially secure. These are the responses of a representative sample of the age group to the question, "What is your household's overall financial situation?"

23% say they are financial secure
27% say they have enough money to get by
22% say they're doing okay, but wish they had saved more
22% say they are struggling to make things work out financially
7% say they are in poor financial shape

Source: AARP, Americans Aged 50+ and Stress: An AARP Bulletin Survey

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