Featured Study: Planning and Progress 2013
When it comes to managing money, the large majority of Americans today are not looking for shortcuts or get-rich-quick strategies.
Three quarters of people prioritize long-term planning over short-term performance, and one-third say “slow and steady wins the race” best describes their approach to future financial goals.
Download Planning & Progress 2013 - Best Financial Decisions
The priority on long-term planning comes across loud and clear when looking at what Americans consider the most important financial decisions in life.
People aged 55+ believe the best financial decisions they ever made include:
Saving early (40%)- Paying off a mortgage (40%)
- Bought real estate at a good price (29%)
- Invested heavily in my 401(k) (27%)
- Made sure my family is protected (22%)
People aged 25-54 believe the best decisions they will have to make in coming years will be:
- Starting to save early (53%)
- Making sure my family is protected (52%)
- Relying heavily on my 401(k) (25%)
- Buying real estate at a good price (20%)
View Part 1: Financial Planning Obstacles
View Part 2: Saving & Spending Habits
View Part 3: Technology and Society
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