Survey Results: Iconic
Your financial personality is: Iconic
You've been proactive about ensuring a safe and secure retirement, and have likely prepared well. Because you've been on top of your financial situation, you were less affected by the recession. You have little debt and a modest amount of investable assets, so you prefer financial products that are stable and predictable. Although you understand the benefits of having a financial professional, you may feel like it's an unwarranted indulgence.
Videos of the five financial personalities
The Allianz Reclaiming the Future Study identified five distinct financial "personalities." These personalities emerged as the respondents' demographic data were analyzed and correlated with their responses about economic resilience, concerns, attitudes, and financial needs.
The "overwhelmed" personality comprised the largest segment (32%) of our respondents. Demographically, this financial personality tends to have the lowest income and education levels. One-third of the respondents in this segment have been affected by job loss, either personally or indirectly.
Iconic (Your survey result)
The "iconic" personality encompassed 20% of our respondents. This financial personality tends to be over 60, may be retired already, and is likely receiving a pension.
We classified 27% of our respondents as "resilient." People with this financial personality tend to be in their mid-50s, are still working full-time, and have moderate income and asset accumulation.
The "distracted" personality describes 7% of our respondents. This group is the youngest, with most of the respondents in their late 40s or early 50s. The distracted personality also has the highest income, and tends to live in more expensive homes in metropolitan areas.