Many Americans are reporting increasing financial anxiety u2015 and it's getting worse. (Photo: Getty)

Most people are anxious about their finances, and as the anxiety grows, so does their fear of unexpected expenses — which have displaced saving for retirement and running out of money during retirement as uppermost in their minds.

That’s according to the 2016 Northwestern Mutual Planning & Progress Study, which found that 85 percent of people report feeling financial anxiety — and 36 percent say that anxiety has gotten worse over the past three years.

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