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.”
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