Highlights From the FINRA Foundation National Financial Capability Study

Financial Capability in the United States Respondents expecting an inheritance were also more likely to report being able to make ends meet each month compared to those not expecting an inheritance (67 percent vs. 48 percent), and to report spending less than their income (51 percent vs. 41 percent). - However, inter vivos wealth transfer does not appear to have a clear relationship with making ends meet or the ability to save. No difficulty covering expenses and Spending less than income paying bills By inheritance expectations 67% 51% 48% 41% Expect/received No inheritance inheritance Expect/received inheritance No inheritance By inter vivos transfers 55% 54% 42% 44% Received inter vivos transfer No inter vivos transfer Received inter vivos transfer No inter vivos transfer <12> Highlights From the FINRA Foundation National Financial Capability Study

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