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Financial Thoughts XIV

Approximately 84% of men and women admit that money is a source of tension in their marriage. Approximately 23% of divorced couples cite money as a factor in their divorce, but women are twice as likely as men to list it as a leading cause of divorce (Source: Journal of Financial Planning, June 2006).

In 2003, 43.4% of workers taking a lump-sum distribution from their employer's retirement plan rolled the entire balance over into another qualified plan, compared to only 19.3% in 1993 (Source: Employee Benefit Research Institute, 2006).

Almost 57% of workers looking for a new job feel that they are underpaid. However, based on job market data, only 19% are underpaid (Source: Journal of Financial Planning, June 2006).

Out of 42 countries, the United States had the highest percentage (22%) of citizens who had no money left after paying essential bills and spending discretionary dollars (Source: ACNielsen, 2006).

Five million senior citizens are financially abused through investment scams each year (Source: Securities and Exchange Commissions, 2006).