Americans Comfortable Managing Their Money

[jeffrey]

Three out of four Americans (74%) are comfortable managing their own money according to a new USA Today/CNN Gallup poll. While they are comfortable managing money, however, they also would rather have the government or their employer take care of both pension and health care.

Some 62% of those surveyed would like a single government plan to help older Americans pay for prescription drugs while only 34% would like a choice of plans from HMOs and other private companies that vary in the medications they cover and the costs.

The poll surveyed 909 adults over the past weekend with a margin of error of +/- 4 percentage points.




More details from the poll:

- 72% own their own home

- 60% have money invested in the stock market

- 57% want to own their own business

- 40% want to work for someone else

- 74% are comfortable managing their investments

- 70% of those who own stocks handle their own investments

- 22% of those who own stocks rely on a financial adviser