Survey Results: Resilient
Your financial personality is: Resilient
You're a good planner and knowledgeable about household finances. You prefer to take charge, and despite some setbacks, you've managed pretty well. Because the recession hit you hard, you may be more focused on the growth of your portfolio. You're concerned about outliving your income, so you plan on investing, working longer, or supplementing Social Security with other income. You understand the benefits of working with a financial professional.
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.
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.
Resilient (Your survey result)
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.