The pace of Boomer retirements has accelerated in the past year
In the third quarter of 2020, about 28.6 million Baby Boomers reported that they were out of the labor force due to retirement.
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A third of Americans experienced high levels of psychological distress during the coronavirus outbreak
Distress levels changed little overall from March to April, but this concealed considerable change at the individual level over this period.
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About Half of Lower-Income Americans Report Household Job or Wage Loss Due to COVID-19
Only 23% say they have emergency funds that would last them three months.
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Younger Americans view coronavirus outbreak more as a major threat to finances than health
Older Americans are more likely than younger adults to feel their health is at risk, while younger people are focused on economic threats.
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People financially affected by COVID-19 outbreak are experiencing more psychological distress than others
Nearly one-in-five U.S. adults say they have had a physical reaction at least some or a little of the time when thinking about the outbreak.
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More than half of U.S. households have some investment in the stock market
A majority of U.S. households have some level of investment in the stock market, mostly in the form of retirement accounts such as 401(k)s.
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6 facts about economic inequality in the U.S.
Over the past 50 years, the highest-earning 20% of U.S. households have steadily brought in a larger share of the country’s total income.
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Most Americans Say There Is Too Much Economic Inequality in the U.S., but Fewer Than Half Call It a Top Priority
About six-in-ten U.S. adults say there’s too much economic inequality in the country these days, and among that group, most say addressing it requires significant changes to the country’s economic system, according to a new Pew Research Center survey.
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Latinos’ Incomes Higher Than Before Great Recession, but U.S.-Born Latinos Yet to Recover
The overall gain in income among Latino workers is driven by a rise in the share of higher-income immigrants who have lived in the U.S. for more years. Yet the incomes of U.S.-born Latinos are still less than since the recession began.
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More Americans are making no weekly purchases with cash
Roughly three-in-ten U.S. adults say they make no purchases using cash during a typical week, up slightly from 24% in 2015.
