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Financial Thoughts VX

Approximately 77% of all charitable contributions are made by individuals, with families donating an average of 2.2% of disposable income (Source: Kiplinger's Personal Finance, September 2006).

As of 2004, only 20% of individuals born between 1946 and 1964 have received a bequest from a family member, with a median value of $49,000 (Source: Kiplinger's Personal Finance, November 2006).

When asked in a recent poll how much of their retirement savings they could safely withdraw every year without running out of money, only 10% of the respondents said less than 5%, 19% said 5% to 9%, 29% said 10% or more, and 40% did not know (Source: Journal of Financial Planning, August 2006).

American consumers received six billion pre-approved credit card offers in the mail in 2005 (Source: Journal of Financial Planning, August 2006).

A 65-year-old woman has a 19% chance of living to age 95, compared to an 11% chance for a man (Source: American Academy of Actuaries, 2006).

Approximately 20% of men age 65 and older are currently in the workforce, compared to 50% in 1950 (Source: National Institute on Aging, 2006).