101 0 Kommentare Equitable Survey Reveals Three-Quarters of Americans Feel Their Money Does Not Stretch as Far as It Did a Year Ago - Seite 2

Equitable’s survey also found that respondents, on average, are putting aside just $175 per month on saving for retirement. Further, more than a quarter of those surveyed (26%) indicated they have not started saving any money for retirement. In contrast, the survey found that respondents, on average, spend a total of $400 per month on the following discretionary categories: $75 on in-home streaming and entertainment; $75 on out-of-home entertainment; $75 on out-of-home dining and food takeout/delivery services; and $175 on travel.

“Financial planning can be a deeply emotional and personal subject. It isn’t always linear or rational,” said Lane. “To have realistic long-term aspirations, you must consider both a person’s ‘wants’ and ‘needs.’ Our holistic planning model goes well beyond a client’s financial wellness. We consider an individual’s sense of purpose, their physical and emotional health, in addition to their financial goals.”

About the study:

The survey was conducted by an independent, global consumer and B2B panel provider. Respondents include 1,000 U.S. adults (ages 18 and older), with the total survey population representative of U.S. demographic data. The online survey was fielded from February 23, 2024, through March 6, 2024. Survey participation was anonymous.

About Equitable:

Equitable, a principal franchise of Equitable Holdings, Inc. (NYSE: EQH), has been one of America’s leading financial services providers since 1859. With the mission to help clients secure their financial well-being, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. Equitable has more than 8,000 employees and Equitable Advisors financial professionals serves 3 million clients across the country. Please visit equitable.com for more information.

Equitable is the brand name of Equitable Holdings, Inc. and its family of companies. Reference to the 1859 founding applies specifically and exclusively to Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY). Duly registered and licensed Equitable Advisors Financial Professionals offer securities through Equitable Advisors, LLC (NY, NY), member FINRA, SIPC (Equitable Financial Advisors in MI & TN) and offer annuity and insurance products through Equitable Network, LLC. (Equitable Network Insurance Agency of California, LLC; Equitable Network Insurance Agency of Utah, LLC; Equitable Network of Puerto Rico, Inc.). GE-6520061.1 (04/24) (exp.04/26).