NewsRamp is a PR & Newswire Technology platform that enhances press release distribution by adapting content to align with how and where audiences consume information. Recognizing that most internet activity occurs outside of search, NewsRamp improves content discovery by programmatically curating press releases into multiple unique formats—news articles, blog posts, persona-based TLDRs, videos, audio, and Zero-Click content—and distributing this content through a network of news sites, blogs, forums, podcasts, video platforms, newsletters, and social media.
FAQ: Boldin Survey on End-of-Year Financial Planning Habits and Confidence
TL;DR
Boldin's survey reveals that high-net-worth individuals who use their planning tools gain confidence and maintain wealth, offering a strategic advantage for financial decision-making.
Boldin's survey shows 92% of users increase confidence through regular financial check-ins and end-of-year planning, which includes tax optimization and goal-setting for systematic wealth management.
Boldin's tools democratize financial planning, empowering individuals to build confidence and secure their futures, fostering greater financial well-being and independence across diverse populations.
Boldin's survey found that 99% of financially savvy Americans engage in end-of-year planning, with 40% optimizing taxes and 39% completing Roth conversions for smarter wealth growth.
Found this article helpful?
Share it with your network and spread the knowledge!
The survey explores why financially savvy Americans engage in year-end financial planning, their planning habits, and what others can learn from them, revealing that such planning builds high confidence and wealth anticipation.
Boldin polled over 1,000 financially savvy Americans who manage their own financial plans using Boldin, with respondents evenly split between retirees (51%) and those planning for retirement (49%), and 70% being high-net-worth individuals with assets of $1 million to $5 million.
Across all wealth bands, the majority of respondents anticipate having the same or more money at their longevity than they have today, indicating their planning approach is worth emulating.
27% check in once a week or more, 21% two to three times a month, and 25% once a month, with 92% agreeing that annual or more frequent reflection significantly increases their confidence and 90% stating it helps make informed future decisions.
99% engage in end-of-year planning, with 34% using a strategic long-term approach, 54% a balanced tactical and strategic approach, and 12% focusing on specific transactions and short-term goals.
60% reflect on financial performance over the past year, 62% review last year’s spending and income, 44% examine savings goals, 50% plan healthcare coverage, and 43% review or set financial goals.
40% optimize tax liability or conduct tax-loss harvesting, 39% complete Roth conversions, and 24% make charitable contributions as part of their end-of-year planning.
79% do it to feel more confident in their financial decisions or increase confidence in their plan, while 50% aim to reduce their tax burden and 43% to build more wealth over time.
It underscores that planning is not just about optimizing performance but about feeling informed and confident in financial decision-making, as highlighted by Boldin founder Steve Chen.
You can visit Boldin's website or the survey results page for more details.
Curated from Reportable
