A new survey released today by Certified Financial Planner Board of Standards, Inc. (CFP Board) in collaboration with research-led consulting firm Heart + Mind Strategies LLC found that more than half of Americans (54%) are experiencing high or very high levels of stress.
The survey of 1,000 Americans, age 18+ in early November 2020, found that the top financial concern is the cost of healthcare (41%). Other top financial concerns include unemployment or reduced income (32%), protecting assets (31%) and managing debt (30%).
Additionally, Americans are more concerned about their personal economic situations than before. In early March 2020, 25% of respondents said their personal economic situations were worse than four years ago. While in November 2020, 34% of respondents said their personal economic situations were worse than four years ago; a percentage increase of 9 percentage points.
SOURCE Certified Financial Planner Board of Standards, Inc.