Editor’s note: This is a transcript of the audio file.

How are you feeling about your finances? According to the October Bankrate.com Financial Security Index, feelings aren’t too positive. I’m Kristin Arnold with your Bankrate.com Personal Finance.

With details on how Americans are feeling about their financial security is Bankrate.com’s Senior Financial Analyst, Greg McBride.

The weak economy, ailing housing sector and volatile stock market continue to undercut consumers feeling of financial security, which fell to the second lowest level of the year. Just 17 percent of American say they’re overall financial situation is better now than 12 months ago.

In what areas are Americans dealing with financial insecurity and are any particular groups being hard hit?

Americans, aged 50 and over, really stand-out in their responses. Among retirees, only 7 percent say their financial situation is better now than it was 12 months ago. And among 50-64 year olds, more than half are less comfortable with their savings compared to last year.”

To read more of the Bankrate.com Financial Security Index, visit our website. I’m Kristin Arnold.