The Pandemic Has Shifted Investors’ Financial Priorities and Sharpened Their Focus on Managing Their Money, Ameriprise Financial Study Finds

Minneapolis – March 31, 2021 – The COVID-19 pandemic has reshaped the ways in which many investors are spending and saving their money – and they expect they’ll carry their newfound priorities into the future, according to new research released today from Ameriprise Financial (NYSE: AMP). The Financial Priorities study surveyed more than 3,000 Americans with at least $100,000 in investable assets to understand what they care most about when it comes to their money, and how their priorities have changed amid the challenges of the last year.

Ameriprise Study Reveals Vast Majority of Investors Who Have Experienced a Major Financial Setback Have Overcome It

Minneapolis – June 10, 2020 – As many Americans find themselves evaluating their financial picture as a result of COVID-19, the road to recovery may seem daunting – or even impossible. However, the way investors have dealt with financial challenges in the past may shed light on how investors may be able to handle the financial repercussions of COVID-19. A new study by Ameriprise Financial (NYSE: AMP) found that nearly three-quarters of people have experienced at least one major financial setback – often costing more than $50,000, and in some cases more than $100,000. But those investors have also staged a comeback and managed to put their finances back in order.

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

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

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.