Consumers Want Liquidity: Survey

March 30, 2021 by Allison Bell

The hot new investment these days may be a rainy day fund.

The Million Dollar Round Table (MDRT) looks at what consumers want, and need, in a new batch of results from a survey of 2,034 U.S. adults, ages 18 and older, that was conducted in November 2020, as the third U.S. wave of the COVID-19 pandemic was beginning.

MDRT is a Park Ridge, Illinois-based group for top sellers of life insurance, annuities and other insurance and financial services products. Its surveys serve as a supplement to the kinds of household finance surveys sponsored by the Federal Reserve Board and other governmental and academic organizations.

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Originally Posted at ThinkAdvisor on March 23, 2021 by Allison Bell.