In Brief: Age, Income Seen Influencing Web Use

NORWALK, Conn. — A survey by Yankelovich Partners for American Express Co. has found that age and income are big determinants of who looks online for financial information.

Among those who have sought advice, only 20% of those 50 or older said they used the Internet to get financial planning information, compared with 48% of those 18 to 34 and 41% of people 35 to 49.

Fifty-six percent of those with incomes of $75,000 or more have turned to the Internet for financial information, compared with 34% of those making $35,000 to $75,000 and 33% of people making $35,000 or less.

The survey also found that men are much more likely to use Internet resources for financial planning; 45% of men in the survey did so, compared with 31% of the women.

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