Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Portfolio > Economy & Markets > Fixed Income

Survey Finds Long Term Pessimism

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Jan. 6, 2004, 4:21 p.m. EST – Many U.S. residents are optimistic about their 2004 family income but pessimistic about the income of future generations, according to results of a survey released by Thrivent Financial for Lutherans, Minneapolis.[@@]

When researchers at Harris Interactive Inc., Rochester, N.Y., interviewed 1,000 U.S. adults for Thrivent over the telephone in late 2003, they found that 51% of the participants predicted their total family income would increase in 2004. Only 10% predicted their total family income would drop.

But the researchers also found that only 35% of the participants think babies born this year will be better off financially when they reach the participant’s age.

Older participants were especially gloomy: 44% of the participants between the ages of 18 and 44 said babies born this year would grow up to be better off, but only 27% of the participants between the ages of 50 and 64 shared that belief.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.