Despite continued pricing pressure from inflation, the majority of Americans feel they are better off financially than the generations that came before them, according to Charles Schwab’s annual Modern Wealth Survey.
Schwab’s 2024 Modern Wealth Survey sought answers to a series of financial questions regarding the topic of how Americans feel about the likelihood of reaching their financial goals versus previous generations. The online survey was conducted in March 2024 and included 1,000 adults aged 21 to 75 plus an additional 200 members of Gen Z.
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Key points from the survey:
Investing driving optimism
Living the good life
Access to financial advice
A disparity in financial planning
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Source Link: https://www.kiplinger.com/personal-finance/are-you-confident-about-your-finances
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