percent of people who Fidelity Investments surveyed said they are better off
financially this year than they were in 2015. This is the highest level since
Fidelity started this survey eight years ago. Seventy percent believe they will
be better off financially in 2017, and 36% have set at least one financial goal
for next year.
their financial goal for 2017 is, 50% said to save more, 28% said to pay down
debt, and 16% said to spend less.
their optimistic outlook on their personal financial situation, 65% are worried
about unexpected expenses, and 62% are concerned about the economy.
thinking about the long term, 64% want to save more for retirement in an
individual retirement account (IRA) or 401(k) plan. Among those thinking about
the short term, 72% want to sock away more money in an emergency fund.
had a financial goal at the start of this year are, accordingly, in better
shape than those who did not. Fifty-two percent of this group think they will
be better off financially in 2017, 42% said they had pared down their debt, and
52% said their financial situation had improved from 2015.
is, people who make resolutions on money tend to feel better about the state of
their finances and are generally in better financial shape than those who don’t,”
says Ken Hevert, senior vice president of retirement at Fidelity. “The start of
a New Year is the perfect time to review your financial plan. Even if you don’t
like making specific resolutions, you can still resolve to identify financial areas
that might need some improvement and make some smart financial moves before
ORC International conducted the telephone survey of 2,015 people for Fidelity