2026 Financial Planning & Progress Study: Trends in Financial Security

Northwestern Mutual's latest research, the 2026 Planning & Progress Study, reveals an encouraging trend towards financial security among U.S. adults. The study shows a rise in financial confidence, with 50% of adults feeling secure this year, up from 44% in 2025. Notably, 53% of Americans now identify as disciplined financial planners, reflecting a significant increase from 45% in 2024. This positive shift spans across generations, with Millennials and Gen X leading the charge.

The study also uncovers a rising interest in speculative investments among Gen Z and Millennials. High-risk assets, like cryptocurrencies and sports betting, attract these age groups as they perceive them as quick paths to financial goals. Among those exploring such investments, 73% believe these options offer faster returns compared to traditional methods.

Optimism around homeownership has also grown, particularly among non-homeowners. Many now consider homeownership more attainable financially, with Gen Z and Millennials showing increased confidence in achieving this significant milestone. This positivity emerges despite concerns about barriers such as down payments and mortgage rates, which have lessened over the past year.

The report highlights inflation as a persistent concern, with 56% of respondents anticipating an increase in 2026. However, the direct impact appears to be easing slightly, as fewer Americans report significant financial strain from rising costs in essentials like groceries and gas. The percentage of individuals whose incomes are outpaced by inflation has decreased to 48%.

In terms of spending habits, there's a noticeable shift towards more conservative financial behavior. While 'Buy Now, Pay Later' options remain appealing, fewer Americans plan to increase discretionary spending. Personal debt levels remain steady, with credit cards as the primary source, dwarfing liabilities from car loans and medical expenses. Despite a focus on debt repayment, there's a slight trend toward prioritizing savings.

Overall, the findings by The Harris Poll for Northwestern Mutual highlight nuanced changes in financial attitudes and behaviors. The complex financial landscape is shaped by a mix of optimism, risk-taking, and cautious financial planning, painting a picture of a society in financial transition.