Many Feel Savings are Insufficient
Only 10% of people between ages 50 and 64 feel more secure about their job while 29% feel less secure since last year.
The survey also found 31% of workers with incomes less than $30,000 feel least comfortable with their debt loads. Those who earn more than $75,000 are not far behind, with 17% feeling less comfortable with their debt.
The press release said more than three quarters (78%) of respondents spent either less than or nearly equal to what they expected to spend during their holiday shopping.
Bankrate’s Financial Security Index results are based on telephone interviews with a nationally representative sample of 1,018 adults, ages 18 and older. The interviews were conducted from January 6-9, 2011, by Princeton Survey Research Associates International.
Full results are here.