A recent survey found that nearly 70% of Americans worry more about running out of money than they do about death.
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Rising costs and economic uncertainty have many people concerned about their financial future, with inflation and high prices contributing to overall economic dissatisfaction.
Generation X harbours the most economic anxiety, with 73% fearing for their finances over death, followed by millennials at 69% and baby boomers at 59%.
The Allianz Life study found 85% of consumers carried some form of personal debt.
In comparison, 26% of the workforce sought help with emergency savings, paying down debt, and overall financial wellness, up from 13% in 2023, according to a 2025 survey of more than 1,000 full-time workers.
Additionally, data from Harvard’s Joint Center for Housing Studies shows that a majority of working-age renters struggle to cover their monthly expenses after paying for housing, highlighting the financial challenges faced by many Americans.
The study indicates a growing awareness of the need for financial planning.
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