The survey of 1,000 Americans was conducted for Schwab by Logica Research June 25-July 2.
Overall, 57% ofAmericans have been financially impacted by the pandemic, including 68% of millennials, the survey found. Thirty percent – and 41% of millennials – suffered a cut in salary or hours. A quarter said they or a close family member were furloughed or laid off.
A quarter of those surveyed say they’re very confident in reaching their financial goals, down from a third in January.
► 52.5% say they’re financially stressed, up from 45.9% before the crisis.
► 39% say relationships are most important to their overall happiness, followed by health (27%) and money (17%). Pre-crisis, relationships led at 36%, followed by health (30%) and money (16%).