Financial Planning and the Election: Moving Forward

January 2005
Journal of Financial Planning;Jan2005, Vol. 18 Issue 1, p16
Academic Journal
This article presents the results of the 2004 Financial Planning Association (FPA) Consumer Opinion Study, which revealed that more than half of Americans surveyed believed that the outcome of the presidential election would affect their confidence in their financial future. Forty-nine percent of respondents felt more financially confident with a Kerry win. Forty-two percent said they would feel more financially confident if President Bush were re-elected. Other interesting findings from the study included: 62 percent of Americans aged 55-64 believed their financial future would be affected by the election's outcome, seven in ten respondents were concerned about Social Security remaining solvent, and 42 percent of respondents were very confident about their financial future, compared with 36 percent in 2003.


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