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2012 Assets & Opportunity Scorecard 

The 2012 Assets & Opportunity Scorecard paints a bleak picture of rising asset poverty and diminishing financial security in the United States. Nationally, 27 percent of all households are asset poor, meaning they lack the savings or other assets to cover basic expenses for just three months if a layoff or other emergency leads to the loss of income. This number represents a 21 percent increase over the number of families living in asset poverty reported in the 2009-2010 Scorecard. Furthermore, this year’s Scorecard includes a measure for “liquid asset poverty” – which excludes assets like a home that can’t be easily converted to cash – and finds that 43 percent of households nationwide are liquid asset poor.