August 2004
Journal of Financial Planning;Aug2004, Vol. 17 Issue 8, p19
Academic Journal
This section presents statistics of interest to financial planners in the U.S. The expected number of unfilled job openings in the financial services industry by 2010 is ten million. $1 is the amount of every five dollars of U.S. Treasury debt held by Japan and China. The percentage of highly educated women who left their jobs for family reasons who want to return to work is 66. A total of 34 percent of education-related expenses was covered by needs-based federal Pell Grants in the mid-1990s. 76 percent of dollars were invested in mutual funds through financial advisors by individuals outside of employer-sponsored retirement plans. A total of 70,000 defined-benefit plans declined between 1975 and 2003. The interest rate charged by a credit card issuer as a penalty for cardholders who miss payments or exceed credit limits is 29.99. Sixty percent of employers plan to cut investment management fees in their 401(k) plans.


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