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Charity Is Almost Universal Among High-Income U.S. Investors
Nearly all high-income investors report donating to charity in the past year. Most did so because of a strong belief in a cause or a desire to make a difference.
Paying for Medical Crises, Retirement Lead Financial Fears
Of eight common financial problems that confront people in life, Americans are most concerned about affording a major illness or accident and funding their retirement.
Fewer Will Rely on 401(k) in Retirement Than Pre-Recession
In 2008, most Americans planned to rely on their 401(k)s as a major source of retirement income. In 2014, while the percentage who plan to rely on a 401(k) is rising, it still has not reached what Gallup found prior to the recession.
U.S. Investors See Stock Funds as Best Long-Term Investment
Investors choose stock index or mutual funds over five other investments as best for the long term. Real estate and individual stocks are a distant second.
U.S. Investor Optimism Still Riding High
U.S. investors have remained optimistic in the fourth quarter, with the Wells Fargo/Gallup Investor and Retirement Optimism Index now the highest seen since 2000.
More Nonretired U.S. Investors Have a Written Financial Plan
Thirty-eight percent of U.S. investors say they have a written financial plan to reach their investment goals. Many more nonretired investors have a written plan now (36%) than did so in early 2011 (24%).
Americans' Financial Worries Edge Up in 2016
Americans' worries about financial issues have increased since last year, including significant increases in concern about paying for a serious medical issue, maintaining their standard of living and paying normal monthly bills.
Most U.S. Investors Happy With Their 401(k)
Nine in 10 employed U.S. investors with a 401(k) plan view the retirement savings tool positively. For allocation advice, all age groups value personal financial advisers, although younger investors augment advice with digital tools.
U.S. Parents' College Funding Worries Are Top Money Concern
Seventy-three percent of U.S. parents worry about not having enough money for their children's college. Parents worry more about this even more than financially vulnerable low-income Americans worry about any financial matter.
Support Systems May Help World Cope: Meta-Gallup Study
A new global study by Meta and Gallup reveals that people who feel supported by others are less likely to experience daily physical pain and stress.