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Anxiety, Depression Damaging To Retirement Savings, Study Finds

https://www.studyfinds.org/retirement-savings-anxiety-depression-mental-health/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Sep 29, 2017 … ITHACA, N.Y. — Retirement doesn’t look as alluring for those afflicted with psychological issues, a new study finds. Researchers at Cornell University recently conducted a poll, finding that those who suffered from mental health disorders, such as anxiety and depression, were less prepared financially for retirement than their peers. Specifically, those suffering from depression or…

Survey: 30% Of Americans Have Raided Retirement Savings During Coronavirus Lockdown

https://www.studyfinds.org/survey-3-in-10-americans-have-raided-retirement-savings-during-coronavirus-lockdown/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

May 16, 2020 … CHARLOTTE, North Carolina — The coronavirus lockdown has caused an economic crisis that’s taking a toll on many Americans. Not only are their wallets getting thinner but a new survey shows that three in ten Americans have dipped into their retirement savings to help cover their expenses. MagnifyMoney commissioned a survey of 1,239 Americans who…

Poll: Third Of Americans Have Less Than $5,000 in Retirement Savings

https://www.studyfinds.org/third-americans-less-than-5000-retirement-savings/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

May 15, 2018 … MILWAUKEE — Anxiety over retirement and how to support oneself after calling it a career is impacting many Americans. A recent poll found that one in three adults has less than $5,000 in retirement savings. The survey of 2,003 Americans aged 18 or older by Northwestern Mutual also showed that about one in five adults…

Only A Third Of Millennials Have Even Thought About Retirement, Study Finds

https://www.studyfinds.org/third-millennials-have-thought-about-retirement/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Aug 23, 2018 … COLUMBIA, Mo. — How’s your retirement shaping up? If you’re a millennial, chances are, not so swell. A new study finds that only a third of millennials even have a retirement account set up — with many demographics faring even worse. Researchers at the University of Missouri recently looked at data from a 2013 survey…

Survey: Most Americans Already Raiding Their Retirement Accounts

https://www.studyfinds.org/survey-most-americans-already-raiding-their-retirement-accounts/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Aug 23, 2019 … NEW YORK — Preparing for retirement is an undeniably important part of “adulting,” as younger generations call it. Sure, it isn’t exactly glamorous, but enrolling in a 401k or opening up an IRA is sure to pay off down the road when retirement is creeping up. That is, of course, if that money isn’t spent beforehand.…

Frugal America: New Yorkers put more income into savings account than any other state, survey shows

https://www.studyfinds.org/frugal-america-income-into-savings/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Nov 12, 2020 … NEW YORK — When you think of New York, the first thing that comes to mind probably isn’t affordability. Despite its pricey reputation however, a new survey finds New Yorkers are the most savings-conscious residents in all 50 states. A OnePoll survey of 5,000 Americans, 100 from each state, reveals New Yorkers are putting 14.5…

Nearly Half Of UK Families Couldn’t Last A Month On Savings If Illness Struck, Study Finds

https://www.studyfinds.org/savings-death-family-illness-study/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Apr 26, 2017 … LONDON — Do you have enough in your savings to keep you afloat for an extended period of time should illness force you out of work? A new study finds that nearly half of families with children in the United Kingdom have enough money saved up to last them not even a full month if health problems…

Personality Plays Powerful Role In Retirement Spending, Study Finds

https://www.studyfinds.org/personality-plays-powerful-role-in-retirement-spending-study-finds/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Dec 09, 2019 … LUBBOCK, Texas — Planning your retirement spending? A new study suggests you might come up with something more realistic if you set aside the life expectancy calculators for a few moments and take a personality quiz. Researchers with Texas Tech University discovered that fast spenders tend to be either very open-minded, easygoing individuals or else…

Survey: 1 In 3 Middle-Aged Americans Say Retirement Plans Delayed Due To Coronavirus Crisis

https://www.studyfinds.org/survey-americans-say-retirement-plans-delayed-due-to-coronavirus/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Apr 23, 2020 … NEW YORK — The coronavirus crisis has disrupted the economy and the everyday lives of nearly all Americans in some way or another. While many are struggling financially in the now, the downturn may also put a major dent in retirement plans for millions of others, too. A new survey of 1,000 Americans reveals that…

Safety Net: Quarter Of Older Americans Feel ‘No Amount’ Is Enough To Comfortably Retire

https://www.studyfinds.org/safety-net-quarter-of-older-americans-feel-no-amount-is-enough-to-comfortably-retire/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Feb 25, 2020 … CHARLOTTE, N.C. — Planning for retirement can feel overwhelming, which is why many Americans tend to put off the task indefinitely. It may be easier to push retirement aside for now, but this strategy is almost assured to backfire once old age starts to set in. A recent survey asked 816 working Americans of various ages…

The Great COVID Depression? Most agree pandemic economic crisis is worse than 2008 recession

https://www.studyfinds.org/covid-depression-worse-than-2008/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Feb 22, 2021 … NEW YORK — The 2008 recession was a tough time for millions. While many consider that economic meltdown to be the worst crash since the Great Depression, COVID-19 seems to be re-writing all the books when it comes to global disasters. With economies all over the world shut down, a survey finds most American adults see…

Modern recessions have taught young adults to save money earlier — and they’re succeeding

https://www.studyfinds.org/young-people-saving-money/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Sep 15, 2020 … VACAVILLE, Calif. — Saving money is a goal of most people, but it’s increasingly difficult when unexpected downturns shake the economy. For young adults, a recent survey shows many millennials and Generation Z are taking an active role in building their futures. Nine in 10 have already opened savings accounts and a quarter say that money…

Money matters: Most Americans don’t experience a ‘financial awakening’ until they’re 33

https://www.studyfinds.org/money-matters-financial-awakening/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Nov 06, 2020 … NEW YORK — If you’re worried that you’re getting older and you still don’t have your finances in order, don’t worry, you may still have time! A new survey finds the average American doesn’t experience a “financial awakening” until the age of 33. The study of 2,000 Americans reveals that  this so-called financial awakening can…

Cashed Out: Nearly 8 In 10 Americans Live Paycheck-To-Paycheck, Most Think They’ll Always Be In Debt

https://www.studyfinds.org/paycheck-income-debt-survey/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Sep 22, 2017 … CHICAGO — The vast majority of Americans live paycheck-to-paycheck, and more than half don’t believe they’ll ever escape the wrath of debt,  a new study finds. Researchers at CareerBuilder commissioned Harris Poll to conduct a survey with more than 2,300 private sector-based employers and nearly 3,500 of their employees in the U.S. They found that…

Americans putting off traditional goals like marriage, having kids for financial security

https://www.studyfinds.org/americans-replacing-traditional-goals-like-marriage-having-kids-with-financial-security/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Jun 22, 2020 … NEW YORK — For many people, the most important moments of adulthood often center around getting married and having kids. And who can forget that white picket fence? Well, a new survey shows that may not be the case anymore. It seems Americans are trading in their dreams of a happy home and instead are…

Study: Retired Athletes Struggle With Loss Of Sports Culture, Finding New Identity

https://www.studyfinds.org/retired-athletes-sports-identity-retirement/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Feb 28, 2018 … PORTSMOUTH, England — Retired athletes may be especially likely to ask, “Who am I without the work that defines me?” A new study shows how retirement can be a double-edged sword for many, giving them freedom to use time in new ways, but simultaneously creating a void and even a loss of identity. Researchers from…

No Safety Net: 2 In 5 Americans Would Struggle To Pay Off $400 Bill

https://www.studyfinds.org/no-safety-net-2-in-5-americans-would-struggle-to-pay-off-400-bill/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Feb 05, 2020 … Stunning new survey reveals a quarter of adults admit to not having a savings account. Among those who do, millions only have enough saved up to cover just two months of bills. NEW YORK — You would be hard pressed to find anyone, no matter how well off they may be, who wouldn’t mind a few…

People Most Miserable During The ‘Sandwich Years,’ UK Survey Finds

https://www.studyfinds.org/happy-anxiety-united-kingdom/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Apr 22, 2017 … LONDON — Turning 40 has long been a milestone met with mockery — it’s considered the age that people are “over the hill,” or officially past their prime years of life and entering middle-age. But perhaps we should take it easier on those entering their 40s, as a new study of United Kingdom residents finds…

Just Thinking About Investing In Stock Market Sparks Anxiety In 60% Of Americans

https://www.studyfinds.org/just-thinking-about-investing-in-stock-market-sparks-anxiety-in-60-of-americans/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Aug 28, 2019 … NEW YORK — Investing in the stock market has always come with a certain amount of risk, but there is also potential to for big earnings and financial stability later on in life. According to a recent survey of over 1,000 Americans, it seems more and more people are becoming wary of the market and its…

Average Adult Commits 8 ‘Financial Fails’ A Month, Could Have Saved $315, Survey Finds

https://www.studyfinds.org/average-american-financial-fails-could-have-saved-315/?swpmtx=174c5df8682ca87a61a2370c866f0eb2&swpmtxnonce=686ad74c7d

Feb 05, 2019 … NEW YORK — If you ever feel like you’re barely making a dent in paying off your credit card debt, it might be that you’re being more careless than you realize in how you’re managing your money. A recent survey of 2,000 American adults found that the typical person commits an average of 91 “financial fails”…