Note: Women rule the world

1. Note: Women rule the world Older Women Have ALL the Money! The bulk of the country’s wealth is in their control! TR Mann Consulting

2. Where the money is!- Seniors: 60% of all annuities; 40% of all mutual funds - $1Trillion - Seniors: 70% to 79% of all financial assets; 80% of all savings accounts; 62% of all large Wall Street asset accounts; 66% of $$ invested in the stock market.- By 2010, women are expected to control 60 percent of all wealth in the US, according to a study from Allianz Life Insurance Company - Seniors: Represent 50% of all IRA and Keough holders TR Mann Consulting

3. 65+ Facts • 36.3 million - The number of seniors who were age 65 and older in the United States on July 1, 2004. 12% of the total population. • Between 2003 and 2004, 351,000 people joined the 65+ age group. • 86.7 million - Projected number of people who will be 65 or older in the year 2050. • In 2050, seniors age 65 and older will make up 21% of the total population. • 147%- The projected percentage that the 65+ senior population will increase between 2000 and 2050. • The U.S. population as a whole is expected to increase by only 49 percent during same period. • All bullets, source: US Census Bureau TR Mann Consulting

4. Living Alone • Of the 57 million American women 45 and up, nearly half—25 million—are unmarried (outnumbering entire populations of countries such as North Korea, Taiwan, and Australia). There are several reasons for this: American women marry later, their divorce rate is high, and, not to put too fine a point on it, those who are married are likely to outlive their mates. As a result, American women are now likely to spend more years of their lives single than with a significant other (Source: AARP) Time to start a dating service? • Of all the elderly people living alone, the percentage of women will rise to 85% by 2020 (Source: AARP) • In a recent Oppenheimer Funds survey, 63% of women, versus 41% of men, admitted they didn't know how a mutual fund worked TR Mann Consulting

5. Long-term customers! • Living longer: “An individual who reaches age 65 has a life expectancy of age 85. What are the chances he or she will live beyond that age?” 50%!!! • Longevity: based on actuarial tables, a woman who makes it to age 60 has an average life expectancy of 23 years. But that doesn't mean this woman is sure to die at 83. What it means is that the woman has a 50-50 chance of living beyond 83, as well as a 50 percent chance of dying before that age • Live long and Prosper: A 65-year-old man, for example, has about a 30 percent chance of living to 90 and a 4 percent or so chance of cracking the century mark • Live long and prosper: For those individuals who live to age 65, more than half, 53%, of single females and 41% of single males will still be alive at age 85. For married couples, 72% will have at least one spouse alive at age 85  • First 4 bullets, Source: US Census Bureau • Planning?: A 2003 GE study noted: • Only 11% knew the average life expectancy for someone 65 years old today is over age 85 • 57% of survey respondents over the age of 55 say they have no idea how they're going to fund their retirement • 19% know someone who has outlived their retirement or pension TR Mann Consulting

6. INCOME AND WEALTH • $108,885 - Median net worth in 2000 of households headed by seniors age 65 and older. • Householders under the age of 35 had a median household net worth of $7,240. • HOME OWNERSHIP- 81 percent - Proportion of householders age 65 and older in 2005 who owned their homes. • All bullets, source: US Census Bureau TR Mann Consulting