Facts of Life

FACTS OF LIFE

A 30-year-old couple will earn 3.5 million dollars by age 65 if their total family income averages $100,000 for their entire careers, without any raises.

FACTS OF LIFE

4 in 10 households with children under age 18 say they would immediately have trouble meeting everyday living expenses if a primary wage-earner died today.

FACTS OF LIFE

Forty-three percent of women have no life insurance coverage at all.

FACTS OF LIFE

Today, 70% of adults agree that they personally need life insurance. Yet only 63% own any form of life insurance.

FACTS OF LIFE

Two thirds of uninsured households say they need more life insurance, and one fourth expects to buy life insurance on at least one household member in the next year.

FACTS OF LIFE

According to the Social Security Administration, the average retired worker in 2012 receives an estimated $1,229 monthly benefit, about 40% of average pre-retirement income. A pre-retirement income increases, however, the percentage replaced by Social Security declines.

FACTS OF LIFE

Of those in need of long-term care, 37% (3.7 million) are age 64 or younger.

FACTS OF LIFE

In 2010, 14.9 million family and friends provided 17 billion hours of unpaid care to those with Alzheimer's and other dementias. The economic value of the unpaid care provided totaled $202.6 billion.

FACTS OF LIFE

61% of surveyed wage earners personally know someone who has been disabled and unable to work for 3 months or longer.

FACTS OF LIFE

A 45-year old worker making $50,000 who suffers permanent disability stands to lose $1,000,000 in future earnings.

FACTS OF LIFE

67% of workers in the private sector have no long-term disability insurance.

FACTS OF LIFE

Just over 1 in 4 of today's 20 year-olds will become disabled before they retire.