2022–23 MacroMonitor Survey Outline
- Household Information
- Household composition
- Household head sex and age
- Marital status
- Financial decisions-making responsibility
- Dependent children
- Boomerang children
- Financially dependent adults
- Financial Attitudes and Internet Access and Use
- Uses for $25,000 windfall
- General financial attitudes
- Direct marketing
- Peer-to-Peer Payments
- Automatic and alternative access
- Online financial services used
- Internet access and use
- Social media (by firm) and financial service use
- Voice assistant services used
- Mobile device and financial services used
- Use of Financial Institutions
- Primary institution type
- Institutional access metrics
- Attitudes toward financial institutions including trust and new attitudes on consolidation, ESG
- Banks and Credit Unions – use, awareness, loyalty, recommended and satisfaction by name
- Insurance companies – use, awareness, loyalty, recommended and satisfaction by name
- Stockbrokerages, Mutual Funds, Financial Planning firms – use, awareness, loyalty, recommended and satisfaction by name
- Consumer finance, vehicle finance, other credit companies – use, awareness, loyalty, recommended and satisfaction by name
- Loyalty measures for primary institutions (Switch, Recommend, Overall Customer Service Satisfaction – new for 2020)
- Share of wallet by proportion and amount
- Checking, Savings and Other Accounts
- Checking and savings accounts
- Debit and ATM cards
- Money market deposit accounts and money market mutual funds
- Packaged and asset management accounts
- Wrap or separately-managed accounts
- Custodial and education savings accounts and 529 plans
- Private banking
- Recent past and likely future account activities
- Investments
- Saving and investment goals
- Investment factors
- Risk-return tradeoff
- Discretionary income
- Attitudes toward investing and savings
- CDs
- U.S. Savings bonds
- U.S. Treasury securities
- Stock and bond mutual funds—providers by name
- Stocks, bonds, ETFs, REITS, cryptocurrency, and other securities
- Stockbrokerage accounts – including advisory relationship/management
- Retirement Products
- Attitudes toward retirement
- Retirement status and concerns
- IRAs, Roth IRAs, and SEPs—providers by name
- Keogh accounts
- 401(k), Roth 401(k), 403(b), and 457 plans—providers by name
- Annuities—fixed rate, indexed, and variable
- Defined benefit pension plans
- Amount needed to retire
- Recent and likely retirement activities
- Real Estate
- Type of primary home and locale
- Homeowner's and renter's insurance including various riders
- Home ownership
- Home value
- Primary home loans and equity lines
- Mortgage life and disability insurance on primary home
- Other real estate
- Mortgages, loans, lines of credit, and insurance on other real estate
- Escrow accounts
- Reverse mortgages
- Recent past and likely future real estate-related activities
- Vehicles
- Number of vehicles (cars, vans, SUVs, pickups, trucks, motorcycles, boats, RVs)
- Top three vehicles by type, make, model and year
- Loans and leases
- Vehicle insurance
- Recent past and likely future vehicle-related activities
- General Attitudes
- Level of importance of household's financial needs
- Level of usefulness of household's financial products and services
- Investment risk tolerance
- Consumer Loans
- Purposes for borrowing
- Attitudes toward credit
- Installment loans, education loans, other secured and unsecured, loans and credit lines
- Peer-to-Peer Borrowing
- Recent past and likely future consumer credit activities
- Who debt is for
- Credit, Charge and Other Cards
- Credit cards—Visa, MasterCard, Discover, American Express, and retail store
- Credit cards—issuing institution; co-branding/affinity; rewards
- Credit cards—use frequency, amount charged, amount paid, outstanding balance
- Credit cards—importance of features
- Self-reported FICO scores
- Charge cards
- Prepaid, reloadable, and stored-value cards
- Contactless payments
- Methods of payments typically used for 13 types of purchases/activities
- Recent past and likely future credit-card-related activities
- Reasons for closing a credit card; if/where re-opened a new one
- Life Insurance
- Attitudes toward health and other types of insurance
- Group life insurance—Employer and Other Organizations
- Individual life insurance
- Term life insurance
- Whole life (straight life) insurance
- Universal, variable, and interest-sensitive life insurance
- Policy loans
- Most recent life insurance purchase
- Recent past and likely future life insurance activities
- Reasons for allowing a policy to lapse
- Other Insurance
- Attitudes toward health and other types of insurance
- Government-sponsored health insurance
- Health and health-related (Dental, Eye, Long Term Care, Supplemental, Disability) insurance: Group, Individual, premiums—providers by name
- Deductibles
- Out-of-pocket medical expenses
- Health savings accounts
- Liability, travel, accident, critical illness, cancer, final expense, hospital indemnity, pet, identity, credit monitoring, and cyber security insurance—providers by name
- Recent past and likely future health-related insurance activities
- Information and Advice
- Financial strategy and confidence
- Attitudes toward financial information, advice, and intermediaries
- Use of financial professionals—fiduciary
- Level of financial control
- Trust in financial professionals
- Written financial plans—components, progress, preparer
- How consumers define comprehensive financial planning
- Recent past and likely future professional financial advice
- Sources for financial information
- Robo-Advisors—awareness and use
- Recent past and likely future financial advisor activities
- Background Information
- Recently past and likely future life events
- Level of stress from 11 potential sources
- Membership in organizations and associations, religious and others
- Tax preparation information
- For both heads of household:
- Highest level of education
- Employment status
- Employer benefits
- Number of current jobs
- (Expected) Retirement age
- Occupation
- Wills, Powers of attorney, executors
- Business ownership
- Ethnicity
- Household income: Sources, amounts, percent contribution
- Coronavirus Aid, Relief, and Economic Security Act (CARES Act) payments received
- Additional Variables
- Age Cohort
- Life Stage
- Retirement Status
- Affluent households
- LGBTQ household
- Calculated Variables
- Total Assets
- Total Financial Assets
- Total Investable Assets
- Total Liquid Assets
- Total Savings
- Total Retirement
- Total Liabilities
- Total Monthly Payments
- Total Face Value of Life Insurance
- Number of Financial Products and Services
- Number of Non-Cash Financial Transactions
- Number of Financial Relationships
- Total Equity in Real Estate
- Net Worth