Millennials leading the way in making adjustments.
In 2020, the COVID-19 pandemic made Americans focus more on their financial planning. More than 30 percent said they revisited their financial plan, but didn't change it, while 20 percent stated that they made significant adjustments to their financial plans in response to the pandemic. The percentage of Americans who did the latter varied by generation with Approach to financial planning during the COVID-19 pandemic in the United States in 2020
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Northwestern Mutual. (June 1, 2020). Approach to financial planning during the COVID-19 pandemic in the United States in 2020 [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1174322/financial-planning-approach-covid19-usa/
Northwestern Mutual. "Approach to financial planning during the COVID-19 pandemic in the United States in 2020." Chart. June 1, 2020. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1174322/financial-planning-approach-covid19-usa/
Northwestern Mutual. (2020). Approach to financial planning during the COVID-19 pandemic in the United States in 2020. Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1174322/financial-planning-approach-covid19-usa/
Northwestern Mutual. "Approach to Financial Planning during The Covid-19 Pandemic in The United States in 2020." Statista, Statista Inc., 1 Jun 2020, https://www.statista.com/statistics/1174322/financial-planning-approach-covid19-usa/
Northwestern Mutual, Approach to financial planning during the COVID-19 pandemic in the United States in 2020 Statista, https://www.statista.com/statistics/1174322/financial-planning-approach-covid19-usa/ (last visited May 21, 2024)
Approach to financial planning during the COVID-19 pandemic in the United States in 2020 [Graph], Northwestern Mutual, June 1, 2020. [Online]. Available: https://www.statista.com/statistics/1174322/financial-planning-approach-covid19-usa/