July 2011

• More than half take out 401(k) hardship withdrawals to pay for school tuition or loans.
• 2 in 5 employers that suspended matching 401(k) contributions have reinstated them.
• The "Original Medicare" plan was put in place to cover 100% of medical expenses.
• The Economy is Experiencing a Time of Deflation.
• 30% of American families spend more money than the make!
• The U.S. Mint prints 26 million new pieces of paper money daily, using over 9.7 tons of ink per day.
• There are over 500 million credit cards issued and in circulation in the United States.

June 2011

• There are 5 counterfeit bills in the U.S for every 10,000 legal bills.
• The average U.S. household credit card debt is over $14,000.00.
• "Father's Day" has been celebrated in the United States for more than 200 years.
• The Current Rate of Inflation is 3.6%.
• 90% of Homeowners Carry Enough Insurance on Their Homeowner's Policies.

May 2011

• Memorial Day first began as Decoration Day.
• New York is the only state with a fully funded pension program.
• February Marked the Biggest Month in New Consumer Debt Since June 2008.
• More than one in four of American workers are not at all confident about having a comfortable retirement.

April 2011

• 5 out of 10 Americans admit to financial infidelity in their marriages.
• More than two-thirds of Americans saw their net worth drop during the recession.
• New York is the state with the latest Tax Freedom Day.
• More than 1.1 million people did NOT file a tax return in 2007.

February 2011

• “Caveat emptor” is an important consumer principle.
• Ponzi schemes are a relatively new concept.
• The last government shutdown occurred in 1996.
• The average life expectancy in the United States is 72 years.
• Today’s unemployment rate is a post-World War II record.
• Interest rates always rise and fall in unison for both borrowers and depositors.

January 2011

• The U.S. accounted for nearly half of the entire world’s debt in 2010.
• Celebrities don’t make to estate planning mistakes because they can afford the best legal advice.
• Only 10% of American workers have $1,000 or less saved for retirement.
• The unemployment rate is the lowest it’s been since April 2009.
• You have to pay a fee in order to access your credit report.
• Wall Street Bonuses Have Declined as a Result of the Recession
• Six in ten people stick to their New Year’s resolutions.

December 2010

• It’s too late to convert to a Roth-IRA in 2010.
• More People Would Rather Say Their Weight Than How Much Credit Card Debt They Owe.
• Identity thefts are on the rise.
• Most Americans overpay their taxes.
• I have a will set up so I don’t need to worry about additional estate planning.

November 2010

• The Social Security Program won’t run out of funds any time soon.
• A 401(k) is the best retirement savings vehicle for most Americans.
• The FDIC has one dollar on hand for every dollar insured in an FDIC account.
• If you lose 50 percent of your retirement nest egg in the stock market, it takes a gain of 100 percent on what is left to get back to where you were.