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Nonstop Wellness Blog

High-quality benefits for nonprofits.

Americans are most anxious over unexpected expenses, survey shows - BenefitsPro

Many Americans are reporting increasing financial anxiety - and it's getting worse. - Marlene Satter, BenefitsPro.

Read the full article at: www.benefitspro.com

According to the 2016 Northwestern Mutual Planning and Progress Study, anxiety about unexpected expenses now outweighs Americans' worries about saving for retirement or running out of money during retirement. A whopping 85% of those surveyed reported feeling some kind of anxiety about their finances. At the top of the list of worrisome unexpected expenses? An unplanned medical emergency or illness. 

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The information and materials herein are provided for general information purposes only and are not intended to constitute legal or other advice or opinions on any specific matters and are not intended to replace the advice of a qualified attorney, plan provider or other professional advisor. This information has been taken from sources believed to be reliable, but there is no guarantee as to its accuracy. In accordance with IRS Circular 230, this communication is not intended or written to be used, and cannot be used as or considered a ‘covered opinion’ or other written tax advice and should not be relied upon for any purpose other than its intended purpose