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The Current Economy and Its Effects on the Savings and Investments of Affluent Americans

Published by: American Affluence Research Center

Published: Oct. 1, 2002 - 10 Pages


Table of Contents


  • Introduction
  • Research Methodology
  • Outlook for the Economy and Personal Earnings
  • Savings and Investments
  • Changes in Spending for Life Insurance and Collectibles
  • Use of Financial Planners and Advisors
  • Reaction to the Stock Market Decline


Abstract

This report is based on findings from the second in an ongoing series of twice-yearly surveys of people in the most affluent 10% of U.S. households. This report identifies the use and evaluation of financial planners and advisors. The report concludes with an examination of the many ways that the stock market decline has influenced the lives of the affluent, and who they feel is most responsible for the decline.

Includes 12 tables.

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