Affluent Americans Confident in Their Money Management Skills but Underprepared to Transfer Wealth to Heirs, First Citizens Wealth Study Finds
FCNCAFirst Citizens BancShares(FCNCA) Prnewswire·2024-06-18 01:09

RALEIGH, N.C., June 17, 2024 /PRNewswire/ -- First Citizens Wealth, the wealth management division of First Citizens Bank (NASDAQ: FCNCA/FCNCB), today published the results of a new study conducted to uncover insights on the behaviors and attitudes of affluent Americans toward money management and planning for the future. Key findings include: 66% of affluent Americans believe they manage their money better than others; only 4% believe they do worse. Affluent Americans expect to need $5.5 million to retire ...