More than a quarter of U.S. workers born after 1964 have put “meet with a financial advisor” on their personal to-do lists.
Researchers at MetLife Inc., New York, have published that finding in a summary of results from a Web-based survey of 2,243 U.S. adults conducted in January.
About 56% of the participants said they are concerned about losing their jobs in the coming year as a result of the recent economic turmoil, and 50% believe they could meet financial obligations for only one month if they lost their jobs, the MetLife researchers report.
Many of the participants, especially those in “Generation Y” — the group of workers born between 1978 and 1994 — said they have regrets about some of the major purchases they have made in recent years.
Only 21% of the survey participants born before 1946 said they have regrets about their major participants, but 49% of the youngest workers said they have regrets about their purchases.
“One silver lining of the current crisis may be a more proactive approach to personal finances,” MetLife researchers write about the survey results.