A Growing Population of Older Workers:

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A Growing Population of Older Workers A 50
Increase of 45 Workers Between 1990 and 2002
75
70-74
65-69
55-64
Number of Workers (in thousands)
45-54
1990
2002
Source Bureau of Labor Statistics.
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Consumers Age 45 Are More Likely to Have
Subprime Loans
Source AARP Mortgage Borrower Survey, 2001.
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Many Consumers Believe Mortgage Lenders Are
Required by Law to Give the Best Possible Loan
Rates
Source Fannie Mae Housing Survey, 2001.
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Consumers Age 65 Score Lower Than the General
Population on Financial Knowledge Tests
Score
Source Surveys of Consumers analysis by AARP
Public Policy Institute 2004.
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Consumers Age 65 More Likely to be Lost Money
Managers
Source Surveys of Consumers analysis by AARP
Public Policy Institute 2004.
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A 50 Increase in Mortgage Debt Among 65, 1980
to 2000
Source U.S. Census Bureau analysis by AARP
Public Policy Institute.
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Credit Card Debt of 65 Consumers Tripled in One
Decade
Source Demoss calculations from Federal Reserve
Board Survey of Consumer Finances, 1992 and 2001.
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George Gaberlavage Associate Director, Financial
Services and Utilities AARP Public Policy
Institute 601 E Street NW, Washington, DC
20049 www.aarp.org/ppi