Further proof of the profound changes in personal financial behavior wrought by the global financial crisis, in research done by Northwestern Mutual.
- 75% of people with financial goals thinks it will take longer to achieve them.
- Nearly three out of four favor seek lower-risk, stable, and steady financial strategies rather than higher risk and aggressive growth.
- Everyone seems to want financial security—but only 20% of us think we’ve found it.
The report concludes: “There appears to be something of a fundamental shift in mindset taking hold in how Americans view and manage their finances.”