Majority of Investors with $1 Million or More in Assets do not Consider Themselves Wealthy, According to Ameriprise Study

07/17/2019
Minneapolis – Being a millionaire may not be what it used to be. Only 13 percent of people who have one million dollars or more in investable assets consider themselves wealthy, according to newly-released data from Ameriprise Financial (NYSE: AMP). The new data is part of the Ameriprise Modern Money study, which surveyed more than 3,000 U.S. adults ages 30-69 with at least $100,000 in investable assets, including more than 700 millionaires. The research explores how investors navigate their financial lives, from managing their day-to-day household budgets to long-term investing, and how they perceive money. 

Ameriprise Study: Retirees Ready, but Reluctant to Spend Savings

06/18/2018
While retirees have worked hard to save and invest for their next chapter, new research from Ameriprise Financial finds many of them aren’t tapping their nest eggs. The new study, Making Money Last, reveals only 21 percent of retirees feel confident about drawing down their assets.