In the financial planning and management business, it is critical that we look past the soundbites and headlines to the facts underlying a situation.   In finance, the facts are often in numerical form and every bit of true information we can gather has some value.   In this regular feature we will highlight some numbers that have a lot to say, or are at least interesting to consider.   Most will be about economics or personal finance, but some may only be there because we thought they were interesting. We hope you enjoy.


80%

The probability that someone age 58 years old living in Montana or Wyoming will outlive their financial assets, the highest such probability in the nation.   (Ernst & Young)


60%

The probability the same 58 year old living in Washington, DC would outlive their financial assets, the lowest in the nation, reflecting the prevalence of government pensions.  (Ernst & Young)


5%

The probability of outliving financial assets if a married, working middle class couple lowered their living standard by 39% when they retire.  (Ernst & Young)

44%

The percentage of single women who are covered by a defined-benefit pension plan, versus 28% of men.  (Ernst & Young)

660

The FICO creditworthiness score below which an applicant is considered subprime.   (comScore)

6,716,000

The number of online credit card applications submitted by individuals having subprime credit ratings in the first quarter of 2008, up 30% from the year earlier period.   (comScore)

3,956,000

The number of online credit card applications submitted by individuals having prime credit ratings in the first quarter of 2008, down 16% from the year earlier period.   (comScore)


1,000,000

The number of iPhone 3Gs that Apple sold the first three days the product was available. (Bloomberg)