The survey is designed to monitor the financial experiences, behaviors, and attitudes of adults ages 30-plus.
Despite slowing, inflation remains a concern.
Three-fourths of adults 30-plus (74%) remain worried about prices rising faster than their income.
Increased debt can often be an outcome in times of high inflation.
For all income segments, everyday expenses continue to be the most common reason for credit card debt.
Even those with incomes of over $75,000 feel the pressure.
This shift was especially pronounced among those ages 30-49.
The impact of stock market volatility in 2022 also found its way into the survey results.
In January 2022 just 10% attributed their bad financial situation to a decline in investment value.
The January 2023 survey of 7,898 adults was conducted from January 5 through February 2, 2023.
All samples include oversamples of Hispanic adults and Black/African American adults.
Oversamples of Asian American adults and LGBTQ+ adults were added for the first time in the January 2023 survey.
For more information, contact S. Kathi Brown of AARP Research atskbrown@aarp.org.
Media inquiries should be directed tomedia@aarp.org.
