Sarah Gadway
708.434.5006 (w)
For most Americans, losing weight tops the list of New Year’s resolutions each year (USA.gov). For investors*, however, their top resolution is to take a trip in 2015, according to the latest Investor Pulse survey from Spectrem Group’s Millionaire Corner (www.millionairecorner.com), with investors 61 years and older placing the most importance on the resolution (75 percent).
The resolution to take a trip was more than twice as important as the resolution to stop smoking (74 percent v. 29 percent), regardless of political party or gender. Taking a trip was increasingly important according to increased net worth, with investors with a net worth of 5MM+ placing the most importance (76 percent) on taking a trip in the New Year.
Other interesting findings include:
- Personal resolutions were more important than financial resolutions overall.
- Personal and financial New Year’s Resolutions were more important to women than to men overall.
- The single resolution that men ranked more important than women was toget a better job.
- Good news for advisors:the least important financial resolution was to change financial advisors (22.6 percent).
- For financial resolutions, low-net-worth investors (<$100K) are primarily concerned with paying down debt (75 percent say it’s highest importance), while most HNW investors ($5MM+) – nearly half – want to save more.
For charts and a full summary of the latest Investor Pulse data, to discuss data breakdowns by wealth, age, or marital status, or to schedule an interview with Cathy McBreen, president of Millionaire Corner, contact Sarah Gadway at sarah@wilkspr.com or 708-434-5006.
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* Investors surveyed in the Millionaire Corner Investor Pulse have a net worth range from less than $100K to $5MM and above, not including primary residence.
Methodology
Investor Pulse from Spectrem’s Millionaire Corner is fielded each month to approximately 1,200 investors. A set of questions, which changes monthly, is asked regarding interesting topical issues. The resulting research is analyzed and segmented by: age, gender, household net worth, retirement plan ownership, occupation, investment risk tolerance, marital status, investment knowledge, household income. Spectrem’s Millionaire Corner conducts the survey through an online panel and specifically targets selected wealth segments. The survey is completed by the person primarily responsible for making the day-to-day financial decisions within the household.
About Millionaire Corner (www.millionairecorner.com)
Millionaire Corner is an independent online resource for investors and about investors. With its Find an Advisor service, investors are able to search for financial and investment advisors to assist in growing their wealth.
Maralyn D. Hill
Maralyn D. Hill, M.Ed., The Epicurean Explorer
Executive Editor, LuxeBeatMag.com
Luxe Beat Magazine Digital Editions now online at http://luxebeatmag.com/magazine/
Freelance Lifestyle Journalist
Member: International Food Wine & Travel Writers Association (IFWTWA)
Member: Society of American Travel Writers (SATW)
Member: Society of Professional Journalists (SPJ)
ment’or – Inspiring Culinary Excellence
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