02.15.22

Financial Goals Increasingly Important to Americans — But Are They Achieving Them?

by: Kristen Beckman

Many Americans have scaled back their savings goals during the past year, and only a small percentage have been able to achieve them. Financial goals are superseding lifestyle goals for many Americans during the coming year. 37% of all respondents are focusing on paying off personal debt this year and retirement planning was a close second at 36%. An increasing number of Americans are looking to their employers to help them achieve their retirement goals, with 23% saying their employer’s retirement savings account provider is an ally in their journey to financial health. That’s up from 15% at the beginning of 2021 and beats out financial advisers, financial services companies, friends and the Internet as trusted sources of help on the road to financial security.

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