Personal Finance

Most people want to pass down money to family members: poll

Nearly eight in 10 (78%) American investors are rethinking their financial future — especially high earners. 

That’s according to a recent poll of 1,000 US investors, which revealed 85% of high earners (those with a household income between $150,000 and $199,999) were likely to reexamine their approach to their finances. 

Most investors (62%) already have a strategy to build wealth and over three-fourths (77%) believe it is not only important to save for retirement, but to also pass on wealth to their families.

Conducted by OnePoll on behalf of Cadre, the survey found that while the most common investments over the years were stocks (57%), cryptocurrency (55%) and bonds (49%), investors are now expressing interest in learning more about other investment opportunities, such as real estate (44%).

Of those invested in commercial real estate (525 respondents), 53% are very confident that their current strategy will help them reach their wealth goals, while only 19% of those not invested in commercial real estate say the same. 

That said, if opportunities such as the potential for steady income (52%), inflation protection (50%) and tax benefits or incentives (48%) presented themselves, investors would take advantage.

Almost eight in 10 people are looking into their financial future.

“Our research shows people continue to be more open to exploring alternative investments, perhaps in response to increasing economic instability,” said Ryan Williams, Founder, CEO, and Executive Chairman of Cadre. “While common investments such as stocks and bonds are impacted by market cycles, commercial real estate is one asset class that can potentially offer a hedge against inflation and steady cash flow for future-minded investors.”

The research also aimed to uncover how investors are reimagining their retirement and savings. 

Currently, most are using brokerage accounts (65%), traditional checking and savings accounts (60%) and traditional or Roth IRAs (55%) to save for retirement.

Almost half of respondents would like to learn about real estate investing.

But these approaches are impacted by unpredictable factors such as inflation (42%), health care expenses (38%) and the stock market (36%). Among respondents with $150,000 in their stock portfolios, more than 80% have lost money in the last two years.

More than three-quarters (77%) of investors say the economy is making them nervous about their retirement and just over half (52%) are open to modifying their retirement timeframe.

That doesn’t mean it’s being written off entirely. Results also showed that respondents are open to adjusting the methods they use to save (58%) as well as how much they’re saving (58%) and spending (56%). 

Tax benefits and having a steady income are certain elements of commercial real estate that investors would like.

Sometimes, that could mean reconsidering whether to rent or buy. Thirty-five percent of respondents claimed buying a home was more cost-effective than renting an apartment, which only 17% of respondents thought to be more practical, while 36% believed both options were equally worthwhile. 

“According to our data, those who have invested in commercial real estate are much more likely to be ‘very confident’ in their ability to retire comfortably than those who haven’t (62% vs. 23%). With risk-adjusted returns as well as the flexibility of choice between individual projects or diversified funds, commercial real estate may be an option for those looking for a safer investment that can help them secure their financial future,” Williams added.

More than three-quarters (77%) of investors say the economy is making them nervous about their retirement.
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● Invest more – 61%

● Purchase necessities – 57%

● Pay for utilities – 55%

● Pay off debts – 52%

● Purchase non-essential items – 52%

● Donate to charity – 49%


● Investment (brokerage) account – 65%

● Traditional checking/savings account – 60%

● Traditional or Roth IRA – 55%

● Health Savings Account (HSA) – 55%

● 401(k) – 36%

● Traditional pension – 35%

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