RJ and Makay

The Merrill Lynch Affluent Insights Quarterly were announced today. The survey analyzes the values, financial priorities and concerns of affluent Americans, illustrates the financial complexities within affluent families, and the advice they seek and impart onto their children to help address immediate financial responsibilities and long-term goals.

The study finds that many affluent families are stressed and more than half are losing sleep regarding family related financial issues. 52 percent of affluent individuals cited one or more family-related financial responsibilities are keeping them up at night. Among this group 42 percent are losing sleep about maintaining their standard of living, 40 percent about family health care costs, 37 percent over saving and investing for retirement, and 33 percent over daily and monthly family expenses.