Grading Your New Year’s Financial Resolutions

A Family Office Director going over financial resolutions with a couple needing tax and financial planning.

Researchers have found that fewer than 10% of Americans who make a New Year’s resolution successfully complete them. About a quarter give up in the first week. This can be a problem if the resolution is about something hugely consequential, like your security in retirement. The problem may not be your resolve; it may be that you’re focused on behaviors that won’t really change things.