With the new year approaching, people are setting resolutions with goals for exercising, reading, saving money and more.
Financial planning is often high on the list when it comes to New Year’s resolutions – with the current economic environment impacting Americans’ specific financial goals. According to recent research by Lincoln Financial Group (NYSE: LNC), 73 percent of Americans believe that economic factors will worsen in 2024, including inflation and rising interest rates.1 In addition, research shows there is a heightened focus on budgeting, emergency savings, increasing financial knowledge and earning more money among those who say they're likely to set financial goals in 2024.2
As Americans reassess financial habits, set new goals and commit to financial wellness in the new year, Lincoln Financial is offering three steps for creating a holistic financial plan.
In today’s environment of inflation and economic uncertainty, Lincoln Financial provides customers with the resources necessary to ensure that they are committed to their goals from the beginning of the year to the very end.
For more information on the products and tools that Lincoln provides, visit www.lincolnfinancial.com.
About Lincoln Financial Group
Lincoln Financial Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2022, approximately 16 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of September 30, 2023, the company had $290 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.
1 Lincoln Financial, Consumer Sentiment Tracker, November 2023
2 Lincoln Financial, Consumer Sentiment Tracker, November 2023
3 Lincoln Financial, Consumer Sentiment Tracker, November 2023
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Media:
Ayanna Maxwell
Lincoln Financial Group
(240) 319-3666
[email protected]