Filed Under:Life Insurance, Life Planning Strategies

Northwestern Mutual Study Finds Americans Cautious and Conflicted

(Jenni Girtman AP Images)
(Jenni Girtman AP Images)

A recent study has found that half of Americans take an informal approach to financial planning and the majority (59%) feel that their planning needs improvement.

The findings, though vague and conflicting, showcase the schizophrenic nature of the country’s psyche as the financial crisis begins to subside: people are aware that they need to save but take an informal approach to doing so while openly acknowledging that their planning needs improvement.

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Nichole Morford

Nichole Morford
Managing Editor

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