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Despite the major disruption to the economy posed by COVID-19, new research suggests that most Americans feel good about their finances. The Northwestern Mutual 2022 Planning & Progress Study, which surveyed 2,381 American adults, found that while 60% of Americans say the pandemic affected their finances, around 43% of people say they've now recovered from all financial losses, and only 30% say they haven't. Additionally, 73% of respondents report that their financial habits have improved because of the pandemic, and around two-thirds of Americans say they're financially secure or are confident they will become financially secure.
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