Possibly because the Northeast includes several high-tax states, these investors are notably more worried about tax increases than the national average (69% of Northeasterners say they worry about it).
In addition to the political climate, 64% of investors on the Pacific Coast worry about climate change, while only 49% of Midwestern investors worry about it.
“Personal concerns run the gamut from the 53% of Mountain West investors who worry about maintaining their current financial position to the 43% of Northeast investors who worry about being able to retire when they want to,” the report says.
An overwhelming majority of investors from all regions are optimistic, but even here there are differences, the data says. Investors from the Midwest and the Mountain West are the most optimistic, with 87% expecting to have sufficient income to live comfortably through retirement. The figure is 80% of investors from the Northeast and Pacific Coast.
Additional information on the report can be found at spectrem.com/Content_Product/regional-impact-on-investors-bundle.