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Financial FYI - Interesting Polls
-By Robert Laura, AFC, AAMS, CMFC, CRPC -

financeThe average American now spends more money on entertainment than on gasoline, household furnishings, and clothing according to the Bureau of Labor Statistics. The most affluent 20 percent spend more on cable TV, high speed internet connections, movies, sports events, and other diversions - $4,516 a year - than on health care, utilities, clothing, and food eaten at home. The New York Times



Interesting Polls
  • 70% of Americans say achieving the American dream is harder for them than it was for their parents (Time)
  • On average, Americans expect to retire at 62 ½ - up a year since 2000 (Experian-Gallup)
  • 11% of Americans think they'll never be able to afford retirement (Experian-Gallup)
  • Only 36% of Americans know how much they'll need for retirement (Harris-Interactive)
  • One-third of Americans have nothing in the bank for retirement (Harris-Interactive)



 

 

 

 

 

 

 

 

 

 


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