Page 1
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E1
Do you know your net worth, that is, the dollar amount representing all your assets minus your debts?
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes 508 266 242 102 93 114 87 110 99 108 180 120 357 151 381 35 59
51% 55% 47% 33% 50%D 58%D 59%D 67%DE 53% 49% 49% 53% 51% 50% 56%P 31% 44%
No 468 206 262 202 88 79 52 47 81 109 178 99 327 141 285 74 70
47% 42% 51%B 66%EF 47%GH 40%H 35% 29% 44% 49% 49% 44% 47% 47% 42% 66%O 52%
GH
Don't know 24 12 12 1 5 2 9 6 5 4 9 6 17 7 9 4 5
2% 3% 2% * 3% 1% 6%DF 3%D 3% 2% 2% 3% 2% 2% 1% 3% 4%
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 2
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E1
Do you know your net worth, that is, the dollar amount representing all your assets minus your debts?
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes 508 52 84 93 69 109 84 194 224 320 182 123 96 19 121 134 231
51% 29% 42% 53%B 58%B 68%BC 56%I 60%I 44% 53% 47% 43% 52% 36% 40% 48% 66%NOP
D
No 468 121 113 82 46 50 63 122 279 264 199 160 90 31 178 140 114
47% 67%DEF 57%EF 47%F 39% 32% 42% 38% 55%GH 44% 51% 55% 48% 61%Q 58%Q 50%Q 33%
Don't know 24 6 1 1 5 0 4 8 8 14 6 6 0 2 7 7 6
2% 4% 1% 1% 4% 0 3% 2% 2% 2% 1% 2% 0 3% 2% 2% 2%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 3
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E2
Do you have a savings plan with specific goals?
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes 549 265 284 170 105 112 78 83 92 130 205 122 386 163 378 57 80
55% 55% 55% 56% 56% 57% 53% 51% 49% 59% 56% 54% 55% 55% 56% 51% 60%
No 440 217 223 132 82 83 65 77 93 88 159 100 307 133 291 54 54
44% 45% 43% 43% 44% 43% 44% 47% 50% 40% 43% 44% 44% 44% 43% 48% 40%
Don't know 11 2 9 3 0 0 5 2 1 2 4 4 8 3 7 1 0
1% * 2% 1% 0 0 3%EF 1% 1% 1% 1% 2% 1% 1% 1% 1% 0
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 4
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E2
Do you have a savings plan with specific goals?
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes 549 59 87 108 93 110 83 169 289 316 225 165 112 17 147 142 239
55% 33% 44% 61%BC 78%BC 69%BC 55% 52% 57% 53% 58% 57% 61% 32% 48% 51% 68%NOP
D
No 440 119 110 69 24 49 67 152 218 278 158 120 70 35 156 136 111
44% 67%DEF 56%DEF 39%E 20% 31% 44% 47% 43% 47% 41% 42% 38% 68%PQ 51%Q 49%Q 31%
Don't know 11 1 1 0 3 0 1 2 4 4 3 3 3 0 4 3 2
1% 1% * 0 2% 0 1% 1% 1% 1% 1% 1% 2% 0 1% 1% 1%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 5
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E3
Do you have a SPENDING plan that allows you to save enough money to achieve the goals of your savings plan?
Base = Have a savings plan with specific goals
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 545 267 278 61 81 109 121 172 91 129 206 119 412 133 432 39 29
Weighted Total 549 265 284 170* 105* 112* 78 83 92* 130* 205 122* 386 163* 378 57** 80**
Yes 463 228 235 154 83 90 63 72 75 110 178 100 318 144 322 46 68
84% 86% 83% 91% 79% 80% 81% 86% 82% 84% 87% 82% 82% 89% 85% 82% 84%
No 85 36 49 16 21 22 15 10 16 20 27 22 66 18 55 11 13
15% 14% 17% 9% 21% 20% 19% 12% 18% 15% 13% 18% 17% 11% 15% 18% 16%
Don't know 1 1 0 0 0 0 0 1 * * 1 0 1 0 1 0 0
* 1% 0 0 0 0 0 2% 1% * * 0 * 0 * 0 0
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base; ** very small base (under 30) ineligible for sig testing
Page 6
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E3
Do you have a SPENDING plan that allows you to save enough money to achieve the goals of your savings plan?
Base = Have a savings plan with specific goals
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 545 48 88 98 82 109 115 211 212 384 154 105 87 20 133 143 242
Weighted Total 549 59** 87* 108* 93* 110* 83* 169 289 316 225 165* 112* 17** 147* 142* 239
Yes 463 50 71 90 76 99 64 146 248 260 197 149 93 13 117 124 205
84% 84% 82% 83% 82% 90% 76% 86% 86% 82% 88% 90% 83% 78% 80% 88% 86%
No 85 9 16 18 17 11 20 22 41 55 28 16 19 3 29 17 34
15% 16% 18% 17% 18% 10% 24% 13% 14% 17% 12% 10% 17% 19% 20% 12% 14%
Don't know 1 0 0 0 * 0 0 1 0 1 0 0 0 1 0 1 0
* 0 0 0 1% 0 0 1% 0 * 0 0 0 4% 0 1% 0
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base; ** very small base (under 30) ineligible for sig testing
Page 7
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E3
Do you have a SPENDING plan that allows you to save enough money to achieve the goals of your savings plan?
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes 463 228 235 154 83 90 63 72 75 110 178 100 318 144 322 46 68
46% 47% 46% 51% 45% 46% 43% 44% 40% 50% 48% 44% 45% 48% 48% 41% 50%
No 85 36 49 16 21 22 15 10 16 20 27 22 66 18 55 11 13
8% 7% 9% 5% 12% 11% 10% 6% 9% 9% 7% 10% 9% 6% 8% 9% 9%
Don't know 1 1 0 0 0 0 0 1 * * 1 0 1 0 1 0 0
* * 0 0 0 0 0 1% * * * 0 * 0 * 0 0
Do not have a savings plan 451 219 232 135 82 83 70 79 94 90 162 104 315 136 297 56 54
with specific goals 45% 45% 45% 44% 44% 43% 47% 49% 51% 41% 44% 46% 45% 45% 44% 49% 40%
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 8
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E3
Do you have a SPENDING plan that allows you to save enough money to achieve the goals of your savings plan?
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes 463 50 71 90 76 99 64 146 248 260 197 149 93 13 117 124 205
46% 28% 36% 51%BC 64%BC 62%BC 42% 45% 49% 43% 51% 52% 50% 25% 38% 44%N 58%NOP
No 85 9 16 18 17 11 20 22 41 55 28 16 19 3 29 17 34
8% 5% 8% 10% 14% 7% 13%H 7% 8% 9% 7% 6% 10% 6% 10% 6% 10%
Don't know 1 0 0 0 * 0 0 1 0 1 0 0 0 1 0 1 0
* 0 0 0 * 0 0 * 0 * 0 0 0 1% 0 * 0
Do not have a savings plan 451 120 111 69 26 49 68 154 222 282 161 124 73 35 160 138 112
with specific goals 45% 67%DEF 56%DEF 39%E 22% 31% 45% 48% 43% 47% 42% 43% 39% 68%Q 52%Q 49%Q 32%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 9
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E4
Are you reducing your consumer debt or are you consumer debt-free? Would you say...
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes (Net) 795 390 405 228 145 154 122 144 145 172 304 175 554 241 564 79 85
79% 81% 78% 75% 78% 79% 82% 89%DE 78% 78% 83% 77% 79% 81% 83%PQ 70% 63%
FG
You are consumer debt- 396 212 184 126 49 64 54 101 79 92 146 80 274 122 278 39 47
free 40% 44%C 36% 41%E 26% 33% 36% 62%DE 42% 41% 40% 35% 39% 41% 41% 34% 35%
FG
You are reducing your 399 178 221 103 96 89 68 43 66 80 158 95 280 119 286 40 38
consumer debt 40% 37% 43% 34% 52%DH 46%H 46%DH 26% 35% 36% 43% 42% 40% 40% 42% 36% 29%
No (Net) 183 80 103 67 40 38 22 16 35 43 54 50 131 52 103 29 46
18% 17% 20% 22%H 21%H 20%H 15% 10% 19% 20% 15% 22% 19% 17% 15% 25%O 34%O
Your consumer debt 135 63 72 51 24 32 13 15 28 35 36 36 96 39 78 20 32
remains at the same level 14% 13% 14% 17% 13% 16%GH 9% 9% 15% 16% 10% 16% 14% 13% 12% 18% 24%O
Your consumer debt is 48 18 30 16 16 7 9 1 7 8 18 14 35 13 25 8 13
growing 5% 4% 6% 5%H 8%H 3%H 6%H 1% 4% 4% 5% 6% 5% 4% 4% 7% 10%
Don't know 22 14 8 10 1 3 4 2 6 5 9 1 16 6 8 5 3
2% 3% 2% 3% 1% 2% 3% 1% 3% 2% 3% * 2% 2% 1% 4% 3%
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 10
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E4
Are you reducing your consumer debt or are you consumer debt-free? Would you say...
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes (Net) 795 114 149 154 99 142 118 264 404 471 315 234 147 40 212 228 310
79% 64% 75% 87%BC 83%B 89%BC 79% 81% 79% 79% 82% 81% 80% 77% 69% 81%O 88%O
You are consumer debt- 396 69 78 54 38 64 81 132 178 258 133 95 61 26 122 86 159
free 40% 38% 39% 30% 32% 40% 54%HI 41% 35% 43%K 34% 33% 33% 51%P 40% 31% 45%P
You are reducing your 399 46 71 100 61 77 37 132 227 213 183 139 87 14 91 141 151
consumer debt 40% 25% 36% 57%BC 51%B 49%B 25% 41%G 44%G 36% 47%J 48% 47% 26% 30% 51%NO 43%O
No (Net) 183 62 46 21 21 17 21 57 104 113 69 53 38 12 89 48 32
18% 35%DEF 23%DF 12% 17% 11% 14% 18% 20% 19% 18% 18% 20% 23%Q 29%PQ 17%Q 9%
Your consumer debt 135 47 31 17 17 12 11 38 84 74 60 46 32 7 72 36 17
remains at the same level 14% 26%DF 16% 10% 14% 7% 7% 12% 17%G 12% 15% 16% 17% 14%Q 24%PQ 13%Q 5%
Your consumer debt is 48 15 15 4 4 6 10 19 19 39 9 7 6 5 16 12 15
growing 5% 8%D 8% 2% 3% 4% 6% 6% 4% 6%K 2% 3% 3% 9% 5% 4% 4%
Don't know 22 3 3 2 0 0 12 3 3 15 2 2 0 0 5 4 10
2% 1% 2% 1% 0 0 8%HI 1% 1% 3% 1% 1% 0 0 2% 1% 3%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 11
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E5
Do you spend less than your income and save the difference? Would you say...
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes (Net) 731 374 357 245 137 138 105 104 137 161 266 167 506 225 505 76 97
73% 77%C 69% 80%H 73% 71% 71% 64% 74% 73% 73% 74% 72% 75% 75% 68% 73%
Yes, you save more than 283 164 119 88 48 52 48 47 52 52 120 59 187 96 201 31 34
10% of your income 28% 34%C 23% 29% 26% 27% 32% 29% 28% 23% 33% 26% 27% 32% 30% 28% 25%
Yes, you save between 5% 232 124 108 83 43 44 30 32 51 43 86 52 171 61 158 18 36
and 10% of your income 23% 26% 21% 27% 23% 22% 20% 20% 28% 19% 23% 23% 24% 20% 23% 16% 27%
Yes, you save between 1% 216 86 130 74 46 43 28 25 33 66 61 55 148 68 147 27 28
and 5% of your income 22% 18% 25%B 24% 25%H 22% 19% 16% 18% 30%IK 16% 25% 21% 23% 22% 24% 21%
No, you are not saving 203 87 116 37 41 52 34 39 44 45 69 45 148 55 137 27 22
because you spend all of 20% 18% 22% 12% 22%D 27%D 23%D 24%D 24% 21% 19% 20% 21% 18% 20% 24% 16%
your income
Not employed/Have no income 38 14 23 19 3 4 3 8 2 10 17 9 25 13 19 4 10
4% 3% 5% 6% 2% 2% 2% 5% 1% 5% 5% 4% 4% 4% 3% 4% 8%
Don't know 28 9 20 4 5 1 5 12 3 4 15 6 22 6 15 5 5
3% 2% 4% 1% 3% * 3%F 7%DF 2% 2% 4% 3% 3% 2% 2% 4% 4%
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 12
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E5
Do you spend less than your income and save the difference? Would you say...
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes (Net) 731 96 143 147 106 138 104 226 392 419 304 229 146 29 207 206 284
73% 53% 72%B 83%B 88%BC 87%BC 69% 70% 77% 70% 79%J 79% 79% 57% 68% 74% 81%NO
Yes, you save more than 283 41 41 47 42 72 45 106 132 186 96 74 40 16 65 77 125
10% of your income 28% 23% 21% 26% 35%C 45%BC 30% 33% 26% 31% 25% 26% 22% 31% 21% 27% 36%O
D
Yes, you save between 5% 232 23 49 47 43 34 35 61 130 129 97 80 45 9 76 55 89
and 10% of your income 23% 13% 25%B 27%B 36%BF 21% 23% 19% 25% 22% 25% 28% 24% 18% 25% 20% 25%
Yes, you save between 1% 216 31 53 53 21 32 24 60 130 104 110 75 60 5 66 74 70
and 5% of your income 22% 18% 26% 30%B 17% 20% 16% 18% 25%G 17% 29%J 26% 32% 9% 22% 26%N 20%
No, you are not saving 203 74 51 21 10 19 39 80 83 140 62 44 31 17 75 63 46
because you spend all of 20% 41%CDE 26%DEF 12% 8% 12% 26%I 25%I 16% 23%K 16% 15% 17% 32%Q 25%Q 23%Q 13%
your income F
Not employed/Have no income 38 9 4 7 2 0 2 11 24 24 13 9 6 4 18 7 7
4% 5%F 2% 4%F 2% 0 1% 3% 5% 4% 3% 3% 3% 8%Q 6%Q 3% 2%
Don't know 28 2 1 2 2 1 5 7 12 16 8 7 3 1 6 3 15
3% 1% 1% 1% 2% 1% 3% 2% 2% 3% 2% 2% 2% 2% 2% 1% 4%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 13
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E6
Do you have sufficient emergency savings to pay for unexpected expenses like car repairs or a doctor visit?
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes 710 371 339 191 124 150 106 137 142 157 252 158 488 221 511 61 87
71% 77%C 66% 63% 66% 77%D 72% 84%DE 76% 71% 69% 70% 70% 74% 76%P 54% 65%
G
No 279 109 170 112 61 45 37 23 43 59 110 67 203 76 159 49 47
28% 23% 33%B 37%FH 33%H 23%H 25%H 14% 23% 27% 30% 29% 29% 25% 24% 43%O 35%
Don't know 12 5 7 2 1 1 4 2 1 4 5 1 9 2 6 3 0
1% 1% 1% 1% 1% * 3% 1% 1% 2% 1% * 1% 1% 1% 2% 0
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 14
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E6
Do you have sufficient emergency savings to pay for unexpected expenses like car repairs or a doctor visit?
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes 710 77 121 150 100 131 106 244 352 436 266 198 132 18 205 194 288
71% 43% 61%B 85%BC 84%BC 83%BC 70% 76% 69% 73% 69% 69% 71% 36% 67%N 69%N 82%NOP
No 279 102 75 27 20 28 44 78 153 159 117 87 53 32 100 82 61
28% 57%CDE 38%DEF 15% 16% 17% 30% 24% 30% 27% 30% 30% 29% 63%OP 33%Q 29%Q 17%
F Q
Don't know 12 1 2 0 0 0 0 1 6 3 4 4 0 * 1 3 3
1% * 1% 0 0 0 0 * 1% 1% 1% 1% 0 1% * 1% 1%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 15
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E7
Are you saving enough for a retirement in which you will have a desirable standard of living?
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes 517 253 264 162 112 115 72 55 101 116 184 115 371 146 366 51 70
52% 52% 51% 53%H 60%H 59%H 49%H 34% 54% 53% 50% 51% 53% 49% 54% 45% 52%
No 344 169 175 133 71 73 48 19 55 72 131 86 225 119 209 51 50
34% 35% 34% 44%H 38%H 37%H 33%H 12% 29% 33% 36% 38% 32% 40% 31% 45%O 37%
Already retired 118 54 63 0 0 6 23 87 17 28 50 23 86 32 92 11 7
12% 11% 12% 0 0 3%DE 16%DE 54%DEF 9% 13% 14% 10% 12% 11% 14% 10% 5%
F G
Don't know 21 8 13 10 3 2 4 1 13 5 2 2 19 2 8 0 7
2% 2% 3% 3% 1% 1% 3% 1% 7%KL 2% * 1% 3% 1% 1% 0 5%
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 16
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E7
Are you saving enough for a retirement in which you will have a desirable standard of living?
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes 517 44 76 115 88 119 66 155 291 281 231 176 102 9 131 150 224
52% 25% 39%B 65%BC 74%BC 75%BC 44% 48% 57%GH 47% 60%J 61% 55% 17% 43%N 54%N 64%NOP
No 344 115 92 45 19 33 37 102 202 193 148 107 78 35 138 95 74
34% 64%CDE 46%DEF 26% 16% 21% 24% 32% 40%G 32% 38% 37% 42% 68%OP 45%PQ 34%Q 21%
F Q
Already retired 118 20 28 15 5 6 47 56 12 112 3 2 3 8 34 32 41
12% 11%F 14%EF 9% 4% 4% 31%HI 17%I 2% 19%K 1% 1% 2% 15% 11% 11% 12%
Don't know 21 1 2 1 7 1 1 10 6 13 5 4 2 0 2 3 13
2% * 1% 1% 6%B 1% 1% 3% 1% 2% 1% 1% 1% 0 1% 1% 4%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 17
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E8
Do you save for retirement at work through a 401(k) or other contributory plan?
Base = Those not already retired
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 793 397 396 113 143 187 194 155 158 178 282 175 585 208 603 70 44
Weighted Total 882 430 452 305* 186 189 125 76 169* 193 317 203* 615 267 583 102* 127*
Yes 429 207 222 124 117 109 57 22 101 97 145 87 327 102 311 49 46
49% 48% 49% 41% 63%DG 58%DG 46%H 29% 60%KL 50% 46% 43% 53%N 38% 53% 48% 37%
H H
No 334 177 156 139 53 64 46 31 58 71 132 73 217 116 215 39 50
38% 41% 35% 46%E 28% 34% 37% 41%E 34% 37% 42% 36% 35% 44% 37% 38% 39%
Not employed 105 39 66 36 17 15 16 21 8 21 39 37 64 41 51 14 27
12% 9% 15% 12% 9% 8% 13% 27%DEF 5% 11% 12% 18%I 10% 15% 9% 14% 21%O
G
Don't know 14 7 8 6 0 1 5 2 2 4 1 6 8 7 7 0 4
2% 2% 2% 2% 0 * 4%EF 2%E 1% 2% * 3% 1% 2% 1% 0 3%
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 18
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E8
Do you save for retirement at work through a 401(k) or other contributory plan?
Base = Those not already retired
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 793 132 143 138 100 147 134 300 346 525 255 175 137 40 219 222 303
Weighted Total 882 159* 170* 162* 114* 153 104* 267 499 486 384 287 182* 43** 272 248 311
Yes 429 23 64 103 90 108 36 140 250 215 211 153 95 8 93 117 209
49% 15% 38%B 63%BC 79%BC 70%BC 35% 52%G 50%G 44% 55%J 53% 52% 19% 34% 47%O 67%OP
D
No 334 101 86 45 17 34 47 92 187 191 136 105 69 32 126 99 74
38% 63%DEF 51%DEF 28% 15% 22% 45% 35% 38% 39% 35% 37% 38% 73% 46%Q 40%Q 24%
Not employed 105 30 18 15 7 11 19 32 53 72 33 26 17 3 49 28 23
12% 19%EF 10% 9% 6% 7% 19% 12% 11% 15%K 9% 9% 9% 8% 18%Q 11% 7%
Don't know 14 5 2 0 0 1 1 3 8 8 3 3 1 0 4 4 5
2% 3% 1% 0 0 * 1% 1% 2% 2% 1% 1% 1% 0 2% 1% 2%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base; ** very small base (under 30) ineligible for sig testing
Page 19
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E9
Outside of work, do you save automatically through regular preauthorized transfers from checking to savings or investments?
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes 406 182 224 131 100 76 46 54 78 89 138 101 286 120 247 54 71
41% 38% 43% 43%G 54%FG 39% 31% 33% 42% 40% 38% 45% 41% 40% 37% 48% 53%
H
No 570 292 278 167 85 117 98 101 104 126 222 118 395 175 414 56 63
57% 60% 54% 55% 46% 60%E 66%E 62%E 56% 57% 60% 52% 56% 58% 61% 50% 47%
Don't know 24 10 14 7 1 3 4 7 5 6 7 6 20 4 14 3 0
2% 2% 3% 2% 1% 1% 3% 5%EF 3% 3% 2% 3% 3% 1% 2% 3% 0
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 20
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E9
Outside of work, do you save automatically through regular preauthorized transfers from checking to savings or investments?
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes 406 43 76 85 66 93 58 127 217 218 185 143 84 11 108 116 170
41% 24% 38%B 48%B 55%BC 59%BC 38% 39% 43% 36% 48%J 49% 45% 21% 35% 42%N 48%NO
No 570 134 121 92 48 64 89 192 282 368 195 139 98 41 192 156 175
57% 75%CDE 61%EF 52% 40% 41% 59% 59% 55% 61%K 50% 48% 53% 79%PQ 63%Q 56% 50%
F
Don't know 24 2 2 0 6 1 4 4 12 12 7 7 3 0 7 7 6
2% 1% 1% 0 5%D 1% 3% 1% 2% 2% 2% 2% 2% 0 2% 3% 2%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 21
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E10
Do you save a portion of tax refunds, gifts, bonuses, or other financial windfalls? Would you say...
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Yes (Net) 494 230 264 152 110 99 68 63 85 110 178 121 343 150 345 46 72
49% 47% 51% 50% 59%GH 51%H 46% 39% 46% 50% 49% 53% 49% 50% 51% 41% 53%
Yes, you have windfalls 423 197 226 134 92 77 61 58 67 90 157 109 296 128 293 40 60
and save something 42% 41% 44% 44% 49%H 39% 41% 36% 36% 41% 43% 48% 42% 43% 43% 35% 45%
Yes, you have windfalls 70 33 37 18 18 22 7 5 18 20 22 11 48 23 51 6 11
but don't save anything 7% 7% 7% 6% 10%H 11%GH 4% 3% 10% 9% 6% 5% 7% 8% 8% 5% 9%
No, you don't have any 486 250 236 147 74 95 74 95 98 105 181 102 345 141 321 61 63
financial windfalls 49% 52% 46% 48% 40% 49% 50% 58%EF 53% 48% 49% 45% 49% 47% 47% 54% 47%
Don't know 20 5 15 5 1 1 6 5 3 6 8 3 13 7 10 6 0
2% 1% 3% 2% 1% 1% 4%EF 3% 2% 3% 2% 1% 2% 2% 1% 5% 0
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 22
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E10
Do you save a portion of tax refunds, gifts, bonuses, or other financial windfalls? Would you say...
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Yes (Net) 494 54 98 106 76 92 55 154 277 254 233 178 100 15 123 139 214
49% 30% 49%B 60%B 63%B 58%B 37% 48%G 54%G 43% 60%J 62% 54% 30% 40% 50%N 61%NOP
Yes, you have windfalls 423 42 80 89 68 85 47 134 235 225 191 147 85 14 102 114 191
and save something 42% 23% 40%B 50%B 57%BC 54%B 31% 41%G 46%G 38% 49%J 51% 46% 27% 33% 41% 54%NOP
Yes, you have windfalls 70 12 18 17 8 7 8 20 42 29 42 31 15 1 20 26 23
but don't save anything 7% 7% 9% 10% 7% 5% 5% 6% 8% 5% 11%J 11% 8% 3% 7% 9% 7%
No, you don't have any 486 125 101 71 43 62 93 162 228 331 152 110 85 36 179 136 131
financial windfalls 49% 70%CDE 51% 40% 36% 39% 62%HI 50% 45% 55%K 39% 38% 46% 69%PQ 58%Q 49%Q 37%
F
Don't know 20 1 0 0 1 5 3 7 5 13 2 1 1 1 5 4 7
2% 1% 0 0 * 3% 2% 2% 1% 2% 1% * * 1% 2% 2% 2%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 23
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E11
Are you building equity in your home or other property? Would you say...
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Own property (Net) 688 327 361 137 137 160 119 132 143 146 240 158 496 191 509 49 82
69% 67% 70% 45% 74%D 82%D 81%D 82%D 77%K 66% 65% 70% 71% 64% 75%P 44% 61%
You own property and have 242 110 132 28 18 48 50 97 45 57 92 49 152 90 184 11 24
no mortgage debt 24% 23% 26% 9% 9% 25%DE 34%DE 60%DE 24% 26% 25% 22% 22% 30%M 27%P 10% 18%
F FG
Have debt (Subnet) 446 217 229 109 120 112 69 35 98 90 148 109 345 101 326 38 58
45% 45% 44% 36%H 64%DG 57%DH 47%H 22% 53%K 41% 40% 48% 49%N 34% 48%P 34% 43%
H
You own property and 436 214 222 109 118 107 69 32 95 90 146 105 335 101 320 38 56
are currently paying 44% 44% 43% 36%H 63%DG 55%DH 47%H 20% 51%K 41% 40% 47% 48%N 34% 47% 34% 42%
down your mortgage debt H
You own property, but 10 3 7 0 1 4 * 4 3 0 3 4 9 * 6 0 2
your mortgage debt is 1% 1% 1% 0 1% 2% * 2%D 2% 0 1% 2% 1% * 1% 0 2%
growing
You don't own property 298 149 149 165 48 35 24 26 42 70 122 65 192 106 157 62 50
30% 31% 29% 54%EF 26%GH 18% 16% 16% 22% 32% 33%I 29% 27% 35% 23% 55%O 38%
GH
Don't know 14 8 6 3 1 1 5 4 1 4 5 3 12 2 9 1 1
1% 2% 1% 1% * 1% 3%EF 2% 1% 2% 1% 1% 2% 1% 1% 1% 1%
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 24
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E11
Are you building equity in your home or other property? Would you say...
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Own property (Net) 688 56 122 145 106 145 102 238 339 401 278 208 128 22 162 201 297
69% 31% 61%B 82%BC 89%BC 91%BC 67% 74% 66% 67% 72% 72% 69% 42% 53% 72%NO 84%NOP
D
You own property and have 242 35 54 47 12 39 54 107 79 187 53 36 31 8 70 70 91
no mortgage debt 24% 20% 27%E 27%E 10% 24%E 36%I 33%I 15% 31%K 14% 13% 17% 16% 23% 25% 26%
Have debt (Subnet) 446 21 67 97 95 106 48 131 260 214 225 172 97 14 91 131 206
45% 12% 34%B 55%BC 79%BC 67%BC 32% 41% 51%GH 36% 58%J 59% 52% 27% 30% 47%NO 59%NOP
D
You own property and 436 20 64 94 93 105 46 129 254 208 221 168 95 14 88 129 203
are currently paying 44% 11% 33%B 53%BC 78%BC 66%BC 31% 40% 50%GH 35% 57%J 58% 51% 27% 29% 46%NO 58%NOP
down your mortgage debt D D
You own property, but 10 1 3 3 2 1 1 2 6 5 4 4 2 0 3 3 3
your mortgage debt is 1% 1% 2% 2% 1% * 1% 1% 1% 1% 1% 2% 1% 0 1% 1% 1%
growing
You don't own property 298 121 77 29 13 14 49 82 165 192 104 81 53 30 139 76 51
30% 68%CDE 39%DEF 17% 11% 9% 32% 25% 32% 32% 27% 28% 28% 58%PQ 45%PQ 27%Q 15%
F
Don't know 14 2 0 3 0 * * 3 7 5 5 0 5 0 5 3 3
1% 1% 0 2% 0 * * 1% 1% 1% 1% 0 3% 0 2% 1% 1%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base
Page 25
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E12
Do you expect to pay off all mortgage debt before retirement?
Base = Those not already retired and own property and currently paying down mortgage debt or mortgage debt is growing
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 376 197 179 40 96 108 97 35 81 77 127 91 295 81 304 26 19
Weighted Total 418 201 217 109* 120* 109* 62* 18** 95* 83* 138* 102* 322 96* 307 35** 55**
Yes 325 159 166 99 106 82 30 7 71 72 103 79 241 84 235 31 43
78% 79% 76% 91%FG 89%FG 75%G 49% 39% 74% 87% 75% 77% 75% 88%M 77% 88% 79%
No 87 38 48 10 11 26 29 11 23 11 29 23 76 11 66 4 12
21% 19% 22% 9% 9% 24%E 47%DE 61% 24% 13% 21% 23% 24% 11% 22% 12% 21%
F
Don't know 7 3 3 0 3 1 3 0 1 0 6 0 6 1 6 0 0
2% 2% 1% 0 2% 1% 5% 0 1% 0 4% 0 2% 1% 2% 0 0
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base; ** very small base (under 30) ineligible for sig testing
Page 26
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E12
Do you expect to pay off all mortgage debt before retirement?
Base = Those not already retired and own property and currently paying down mortgage debt or mortgage debt is growing
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 376 21 58 77 77 94 41 129 201 206 165 116 85 15 84 104 170
Weighted Total 418 20** 60** 93* 93* 103* 38** 117* 256 188 224 171* 96* 13** 87* 123* 192
Yes 325 14 41 67 84 87 25 80 217 130 192 153 80 11 68 91 155
78% 68% 68% 72% 91%D 84% 67% 68% 84%H 69% 86%J 89% 83% 83% 78% 74% 81%
No 87 6 19 24 8 15 13 33 38 52 32 19 16 2 18 30 34
21% 32% 32% 26%E 9% 15% 33% 28%I 15% 28%K 14% 11% 16% 17% 21% 24% 18%
Don't know 7 0 0 3 0 1 0 5 2 6 1 0 1 0 1 2 3
2% 0 0 3% 0 1% 0 4% 1% 3% * 0 1% 0 1% 2% 2%
______
Proportions/Means: Columns Tested (5% risk level) - B/C/D/E/F - G/H/I - J/K - N/O/P/Q
Overlap formulae used. * small base; ** very small base (under 30) ineligible for sig testing
Page 27
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E13
How concerned are you about the impact of the current recession on your personal finances? Would you say...
Race
------
Sex Age Region White Black His-
------Only Only panic
Fe- 18- 35- 45- 55- North- North Non- (Non- (Non- (Any
Total Male male 34 44 54 64 65+ east Central South West Metro Metro Hisp) Hisp) Race)
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 504 511 113 143 193 230 333 191 228 374 222 752 263 784 87 50
Weighted Total 1000 484 516 305* 186 196 148 162 186 221 367 226 701 299 675 113* 134*
Concerned (Net) 884 415 469 264 172 179 128 139 162 203 329 190 618 266 614 99 113
88% 86% 91%B 87% 92%H 92%H 86% 85% 87% 92%L 90% 84% 88% 89% 91% 88% 84%
Very/Somewhat concerned 714 316 398 199 139 150 110 113 133 156 270 155 505 209 492 76 94
(Subnet) 71% 65% 77%B 65% 74% 77% 75% 70% 71% 71% 73% 69% 72% 70% 73% 68% 70%
Very concerned 435 186 248 106 85 105 63 75 90 93 164 87 300 135 290 61 56
43% 38% 48%B 35% 46% 54%DG 42% 46%D 49% 42% 45% 38% 43% 45% 43% 55% 42%
Somewhat concerned 279 130 149 93 53 46 47 39 43 63 105 68 206 74 202 15 38
28% 27% 29% 31% 28% 23% 32%H 24% 23% 29% 29% 30% 29% 25% 30%P 13% 28%
A little concerned 170 99 71 65 33 29 18 25 29 47 59 35 113 58 122 23 19
17% 20%C 14% 21% 18% 15% 12% 16% 15% 21% 16% 15% 16% 19% 18% 20% 14%
Not at all concerned 113 68 45 41 14 15 18 24 24 17 36 35 80 33 60 12 21
11% 14%C 9% 13% 8% 8% 12% 15%EF 13% 8% 10% 16% 11% 11% 9% 11% 16%
Don't know 3 2 1 0 0 1 2 * 0 0 2 1 3 0 1 1 0
* * * 0 0 * 1% * 0 0 1% * * 0 * 1% 0
______
Proportions/Means: Columns Tested (5% risk level) - B/C - D/E/F/G/H - I/J/K/L - M/N - O/P/Q
Overlap formulae used. * small base
Page 28
ORC STUDY #719058 CARAVAN FEBRUARY 4-7, 2010
SAVING FOR THE FUTURE - 2010
Question E13
How concerned are you about the impact of the current recession on your personal finances? Would you say...
Household Income Education
------H.H. Size Children In H.H. ------
$25K- $50K- $75K- $100K ------HS Coll
LT LT LT LT Or 3 Or Under 12- Incom- HS Incom- Coll
Total $25K $50K $75K $100K More 1 2 More None Total 12 17 plete Grad plete Grad
(A) (B) (C) (D) (E) (F) (G) (H) (I) (J) (K) (L) (M) (N) (O) (P) (Q)
Unweighted Total 1015 169 197 166 111 158 223 406 369 738 260 179 142 55 283 282 381
Weighted Total 1000 179* 198* 177 120* 159 151 324 511 598 387 289 185* 51* 306 280 352
Concerned (Net) 884 157 178 157 108 141 127 291 456 522 352 256 172 42 268 247 320
88% 87% 90% 89% 91% 89% 84% 90% 89% 87% 91% 88% 93% 81% 87% 88% 91%
Very/Somewhat concerned 714 128 158 125 81 108 101 251 352 429 275 198 137 37 204 211 256
(Subnet) 71% 72% 80% 71% 68% 68% 67% 78%GI 69% 72% 71% 68% 74% 72% 67% 76% 73%
Very concerned 435 90 104 78 49 58 68 152 207 264 163 109 85 26 132 137 135
43% 50% 52%F 44% 41% 36% 45% 47% 40% 44% 42% 38% 46% 50% 43% 49%Q 39%
Somewhat concerned 279 39 54 47 32 50 32 99 145 165 112 89 52 11 72 74 121