{"id":410,"date":"2021-11-01T12:00:43","date_gmt":"2021-11-01T18:00:43","guid":{"rendered":"https:\/\/juanjosegutierrezmayorga.com\/?p=410"},"modified":"2021-11-17T12:05:15","modified_gmt":"2021-11-17T18:05:15","slug":"estudios-de-prioridades-financieras","status":"publish","type":"post","link":"https:\/\/juanjosegutierrezmayorga.com\/en\/estudios-de-prioridades-financieras\/","title":{"rendered":"Financial priority studies"},"content":{"rendered":"

Continuing to prioritize saving for your future is paying off for investors, according to researchand studies. Despite the challenges of the past year, more than two-thirds of respondents have their retirement goals in place.<\/p>\n

Among those who had previously determined when they would retire:<\/h2>\n

* 69% said the pandemic did not change their plans.<\/p>\n

* 18% said the pandemic has accelerated when they planned to retire<\/strong>: they did so earlier than they originally expected or planned. Among those who retired earlier than originally planned – 83% said this was voluntary.<\/p>\n

* On the other hand, 13% said the pandemic delayed their planned retirement date.<\/p>\n

Bottom line: Developing a financial plan that includes strategies to protect your assets<\/strong> and weather the unexpected can help investors meet today’s challenges while remaining focused on tomorrow’s goals.<\/p>\n

Protecting your finances<\/h2>\n

The pandemic has increased investors’ engagement with your financial life<\/strong> and led many to take steps they might otherwise have postponed, says Guti\u00e9rrez Mayorga.<\/a><\/p>\n

\"Financial<\/p>\n

Of the respondents who did not have the following prior to the pandemic:<\/h2>\n

Since the start of the pandemic, some investors have more conversations about money with family members, including:<\/p>\n

* 30% of respondents with children increased the frequency of financial conversations with them<\/strong>.<\/p>\n

* 24% of respondents with a spouse or partner increased conversations about short-term financial issues and 25% increased conversations with their spouse\/partner about long-term investments<\/strong>.<\/p>\n

* 23% of respondents with siblings talk more about their personal finances, their siblings’ finances or their parents’ finances.<\/p>\n

Bottom line: taking important steps such as estate planning or having conversations about money with family members can help investors bolster their financial confidence.<\/strong><\/p>\n

Spending, saving and investing<\/h2>\n

Nearly half (45%) of respondents reduced their spending during the pandemic, and 30% expect to continue to be more thrifty with their money in the future<\/strong>.<\/p>\n

At the other end of the spectrum are investors who feel a pent-up urge to spend. A quarter of respondents plan to splurge when life returns to normal.<\/p>\n

Expected spending when the pandemic ends:<\/h2>\n

* 26% plan to spend more money than usual on things they have had to put off.<\/p>\n

* 57% plan to spend the same amount of money<\/strong> as they normally do.<\/p>\n

* 17% plan to spend less money<\/p>\n

\"Financial<\/p>\n

Investment Expectations<\/h2>\n

Among this group of respondents fortunate enough to have $100,000 or more in investable assets, 62% plan to invest the same amount<\/a> in 2021 as they did in 2020, 26% of respondents plan to invest more<\/strong> and 12% expect to invest less.<\/p>\n

Amount respondents invested long-term in 2020:<\/h2>\n

* Less than $20,000 (33%).<\/p>\n

* $20,000-$49,999 (25%)<\/p>\n

* $50,000 or more (29%)<\/p>\n","protected":false},"excerpt":{"rendered":"

Continuing to prioritize saving for your future is paying off for investors, according to researchand studies. Despite the challenges of<\/p>\n","protected":false},"author":1,"featured_media":411,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[36],"class_list":["post-410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-curios-facts-about-latin-america","tag-finanzas"],"translation":{"provider":"WPGlobus","version":"3.0.5","language":"en","enabled_languages":["es","en"],"languages":{"es":{"title":true,"content":true,"excerpt":false},"en":{"title":true,"content":true,"excerpt":false}}},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t