04/14/2011 04:06 pm ET | Updated Jun 14, 2011

Defining Economic Security For American Families

What does it take to have economic stability in America?

That was the question posed by the organization Wider Opportunities for Women, which recently released a report on the topic.

NPR reports the organization, which seeks to help women and families gain financial security, found that a family of four needs at least $67,920 a year to cover their necessities such as food, housing and transportation.

Shawn McMahon told NPR,

"We're not talking about surviving. We are talking about economic security that allows people to live day to day without fear of a lot of the economic insecurity that we've been seeing in recent years."