COVID-19 has had a significant impact on Americans’ sense of personal readiness, and has motivated many to take-on activities that boost preparedness and readiness.
The Everplans COVID-19 Readiness Sentiment Survey, which surveyed 1,000 Americans on April 27-28, 2020 and was conducted with Quest Research Group (QRG), and found that a strong majority of Americans (65%) say that the Coronavirus pandemic has made them realize the importance of sharing important info with family, and that planning for the future is more important than ever (64%). Half (50%) said that COVID-19 has made them realize how unprepared they were for a serious emergency. These sentiments are especially strong among Millennials and GenX, those with children, men more so than women, and Northeasterners and Southerners (corresponding to regions with COVID hot spots).
COVID-19 has also motivated Americans to act and get better prepared for emergencies, and many have gravitated toward planning activities that are more doable independently - 40% have written down account logins/passwords; 36% have written down account details, and 36% have talked to their children about death. Those most likely to act have been Millennials and GenX, higher income households, and those with children at home.
Almost everyone agrees that it is important for parents and adult children to talk about long-term life planning, but this is true especially for more tangible tasks – such as sharing “important household information” and the “location of important documents.”