More Than Half of Americans Surveyed Lack a Proper Financial Plan in Case of the Loss of the Family Breadwinner

American families are reporting an increased desire for financial protection in these times of economic crisis, but do not have the proper financial strategy in place to fund their families’ future, according to a new survey released today and sponsored by New York Life Insurance Company. According to the survey, 83% of Americans 30 and older agree that the economic crisis has increased their desire to provide financial protection for their family. Adults aged 30 to 49 (88%) and parents with children under 18 (88%) are particularly likely to have this desire.

More Than Half of Americans Surveyed Lack a Proper Financial Plan in Case of the Loss of the Family Breadwinner
Source: Business Wire