Most Middle-Aged Adults Are Rethinking Retirement Plans
In the midst of a recession that has taken a heavy toll on many nest eggs, just over half of all working adults ages 50 to 64 say they may delay their retirement — and another 16% say they never expect to stop working.
Different Age Groups, Different Recessions
Older adults are less likely than younger and middle-aged adults to say that in the past year they have cut back on spending; suffered losses in their retirement accounts; or experienced trouble paying for housing or medical care.
Luxury or Necessity? The Public Makes a U-Turn
From the kitchen to the laundry room to the home entertainment center, Americans are paring down the list of familiar household appliances they say they can’t live without.
Before the Great Recession, a Phantom Recovery
The eight-year period from 1999 through 2007 is the longest in modern U.S. economic history in which inflation-adjusted median household income failed to surpass an earlier peak.
Testimony of Paul Taylor, Executive Vice President, Pew Research Center to the Senate Finance Committee
Comments on a report that combines findings of one of our major national public opinion surveys with the Center’s analysis of four decades of demographic and economic trends from the Census Bureau and other sources.
Even as Housing Values Sink, There’s Comfort in Homeownership
Not even a housing-led recession can shake Americans’ faith in the blessings of homeownership.
America’s Four Middle Classes
There isn’t one American middle class; there are four. Each is different from the others in its attitudes, outlook and financial circumstance—sometimes in ways that defy traditional stereotypes of the middle class.
Baby Boomers: The Gloomiest Generation
America’s baby boomers are in a collective funk. Members of the large generation born from 1946 to 1964 are more downbeat about their lives than are adults who are younger or older.
The Middle Class Blues
When it comes to anxiety about family finances, an old truism applies: Where you stand depends on where you sit. Or, more precisely, on where your house or apartment sits.
Most Americans say they’re not saving as much as they should — but they’re apparently not worried enough to do much about it.