More American adults delaying major life decisions because of financial concerns
Four in 10 American adults—41%—are holding off on major life decisions either because they are financially strapped or worried about the U.S. economy, according to an AICPA-sponsored poll. The decisions include home ownership, higher education, marriage, children, medical procedures and retirement.
This represents an 11% increase from a year ago, when 30% of U.S. adults said they were delaying these life decisions for the same reasons.
Of the 41% of the 2008 survey respondents who said they are postponing life goals, 28% cited a lack of savings as the principal reason, while 18% pointed to concerns about the country’s economic state. General anxiety over the economy is high, with 54% of the entire survey sample expressing a pessimistic outlook over the next year.
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- More American adults delaying major life decisions because of financial concerns
- Four in 10 American adults—41%—are holding off on major life decisions either because they are financially strapped or worried about the U.S. economy, according to an AICPA-sponsored poll. The decisions include home ownership, higher education,...
LAST UPDATED 4/9/2008