Americans now feel more optimistic about nearly all aspects of their financial security, according to a new survey.
The Country Financial Security Index increased 1.8 points in April to 64.9, recovering ground from a record-setting decline in February. The April Country Index reveals 38% of those surveyed currently rate their overall financial security as good or excellent compared to 35% in February.
Confidence in long-term financial goals showed the most improvement. Those who said they are confident they will have the financial resources to send their children to college jumped five points to 61%, and those who indicated they are confident they will have a comfortable retirement increased four points to 57%.
More Americans (45%) were able to set aside money for savings or investments in April than in February (43%). While an equal number (45 percent) of men and women now say they were able to save this month, the number of women able to set aside money grew five points while the number of men able to do so dropped one point.
Eighty-one percent are currently confident their house, car and possessions are adequately protected, up two points from February.
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