Investors Feel Financially Confident, but Worry about the Next Generation in their Family, Ameriprise Study Reveals

Minneapolis – April 10, 2019 – Modern Money, a new study released today by Ameriprise Financial (NYSE: AMP), reveals 78 percent of investors say achieving financial success has been the same or easier for them than it was for their parents at the same age, but over half (51 percent) think it will be harder for the next generation in their family to feel comfortable financially. The study, which surveyed more than 3,000 U.S. investors ages 30 to 69 with at least $100,000 in investable assets, explores how attitudes toward conventional financial goals such as homeownership, supporting children, and retirement have shifted across generations. The study also sheds light on how these changes impact investors’ relationship with money.