The Northwestern Mutual 2013 Planning and Progress Study shows that half of Americans are less financially secure than they thought they would be at this point in their lives.
As participants age, the attitudes change. For example, in the Gen-Y category for example, 34% say the feel financially secure. In the “mature” category, 59% say they feel financially secure. Gen-Y singles and those with children under 18 are all more likely to be less financially secure now than they thought they would be.