CFP Board Survey finds financial planning most helpful in reducing stress
Americans, particularly women and younger people, overwhelmingly experience stress when it comes to thinking about and managing their finances, according to a survey released today by Certified Financial Planner Board of Standards, Inc. (CFP Board). Nearly nine in 10 of those surveyed (86%) feel stress when it comes to their finances, with women (89%) and younger respondents between the ages of 18-44 (91%) more likely to feel any stress about their finances. Older Americans are the least likely age group to report financial stress, with only 78 percent of respondents age 65 or older reporting financial stress.
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Stress Test: Americans, Especially Women and Younger People, Stressed by Finances