Are You Financially Secure?
Two-thirds of people say that feeling financially secure adds a great deal of meaning to their lives.
Financial security comes from the comfort of knowing that your family’s standard of living is secure, even when a life-altering event occurs. In a recent survey, 69% of those with life insurance say they’re less stressed knowing their family is financially protected, and 78% say that finding ways to reduce financial stress is a top priority for them.1
The American Psychological Association (APA) reports that one in four Americans experiences financial stress, with many engaging in “financial avoidance” by simply refusing to address the issue.2 To reduce financial stress, the APA recommends simplification. Putting a basic game plan in place that will improve your financial security can help alleviate financial stress.
- Learn more about how you can take charge with 10 principles to consider when setting your game plan.
- Consult our Advisory Services experts who can help you develop a strategy that includes evaluating what you may already have in place. They can help with planning and with the purchase of specific protection products.
1 2019 Insure Your Love Consumer Survey,” Life Happens,https://lifehappens.org/blog/life-insurance-offers-protection-and-peace-of-mind/.
2 “How to Handle Financial Stress,” Prudential, March 2020, https://www.prudential.com/financial-wellness/saving-investing/manage-your-money-better.