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Financial Confidence

LearnVest-Financial-Confidence-Curve

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Curious about whether income played a role in<br />

financial confidence, we then looked at confidence<br />

across income brackets. We found that the U-curve<br />

trend still holds true across most income levels. 63%<br />

of people in their 30s making between $70,000 and<br />

$100,000 annually stated they don’t feel good about<br />

their finances. 2<br />

<strong>Confidence</strong> by age within income brackets<br />

70%<br />

60%<br />

50%<br />

40%<br />

30%<br />

20%<br />

10%<br />

0%<br />

18-24<br />

24-34<br />

34-44<br />

44-54<br />

54+<br />

18-24<br />

24-34<br />

34-44<br />

44-54<br />

54+<br />

18-24<br />

24-34<br />

34-44<br />

44-54<br />

54+<br />

18-24<br />

24-34<br />

34-44<br />

44-54<br />

54+<br />

18-24<br />

24-34<br />

34-44<br />

44-54<br />

54+<br />

18-24<br />

24-34<br />

34-44<br />

44-54<br />

54+<br />

Under $30,000<br />

$30,000-$50,000 $50,000-$70,000 $70,000-$100,000 $100,000-$150,000 $150,000 and above<br />

Source: LearnVest<br />

7 <strong>Financial</strong> <strong>Confidence</strong>: Examining the U-Curve—and How We Might Improve the <strong>Confidence</strong> Trajectory

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