Financial Planning Statistics: How Are Americans Doing?
Ben Franklin famously stated: “If you fail to plan, you are planning to fail.”
It seems most Americans are planning to fail. According to Charles Schwab, only 25% of Americans have a written financial plan.
Here’s how Americans compare to the rest of the world with financial planning.
References:
https://www.cfp.net/why-cfp-certification/career-guide/what-is-financial-planning
https://www.danerwealth.com/blog/you-can-benefit-from-financial-planning
https://www.investopedia.com/terms/f/financialplanner.asp
https://www.forbes.com/advisor/personal-finance/americans-are-draining-their-savings/
https://www.statista.com/statistics/246296/savings-rate-in-percent-of-disposable-income-worldwide/
https://worldpopulationreview.com/country-rankings/poverty-rate-by-country
https://www.visualcapitalist.com/ranked-the-best-and-worst-pension-plans-by-country/
https://www.gfmag.com/topics/news/countries-most-addicted-debt
https://www.usnews.com/news/best-countries/rankings/quality-of-life
“If you fail to plan, you are planning to fail.”
How to Build Wealth With a Financial Plan
Personal financial planning helps align financial decisions with long-term goals and values. Daner Wealth Management in Alpharetta, GA, offers tailored guidance on investing, tax strategies, retirement income, and estate planning. Led by a Certified Financial Planner, they assist high-income individuals in building and preserving wealth. By reviewing and adjusting plans over time, clients gain clarity, flexibility, and direction to make informed choices and stay on track through changing life stages and market conditions.
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Personal financial planning helps align financial decisions with long-term goals and values. Daner Wealth Management in Alpharetta, GA, offers tailored guidance on investing, tax strategies, retirement income, and estate planning. Led by a Certified Financial Planner, they assist high-income individuals in building and preserving wealth. By reviewing and adjusting plans over time, clients gain clarity, flexibility, and direction to make informed choices and stay on track through changing life stages and market conditions.
