Will Debt-Free Retirement Be the Downturn's Biggest Casualty?

U.S. Newswire, May, 2009

To: TECHNOLOGY EDITORS

Contact: Cathy Leaf of Group Leaf Public Relations, 1-715-381- 0123, cathy_leaf@groupleaf.com, for Securian Financial Group, or Maggie Jensen of Securian Financial Group, 1-651-665-7558, margaret.jensen@securian.com

Securian study shows less spending and borrowing but plenty of debt

ST. PAUL, Minn., May 20 /PRNewswire/ -- Consumers are more concerned about short-term security than long-term financial goals. The 2009 Survey of Financial Values and Debt,sponsored by Securian Financial Group, indicated that saving for emergencies is among Americans top financial priorities. And while they have found many ways to spend less, consumers are not reducing their debt. Eighty- two percent are carrying non-mortgage debt, a figure that is virtually...

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