Did You Know?

DID YOU KNOW? The share of men ages 65 - 69 in the labor force rose from 28% to 38% from 1996 to 2016. The comparable figures for women were 18% and 30%. The working population is aging and working longer than ever before, posing a reduced financial burden on younger generations to pick up the tab for retirement benefits perhaps? (Marketwatch)
DID YOU KNOW? The 55 - 64 age group accounted for some 26% of new startups in 2017, up from 19% in 2007. (Marketwatch)
DID YOU KNOW? More than 80% of workers ages 45 - 64 say the opportunity to learn something new is critical to their view of an ideal job. (AARP Work and Career Study survey).
DID YOU KNOW? A 65-year-old today has about the same risk of mortality or serious illness as a mid-50-something a generation ago.
DID YOU KNOW? More than 66% of personal bankruptcies are caused by medical problems, either from bills, income loss due to illness, or both. 530,000 families go bankrupt each year because of medical issues. 40% of Americans don’t have the savings to cover an unexpected $400 expense. (American Journal of Public Health)
DID YOU KNOW? States without pension or Social Security taxes include Alabama, Alaska, Florida, Illinois, Mississippi, Nevada, New Hampshire, Pennsylvania, South Dakota, Tennessee, Texas, Washington and Wyoming.

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