Boldin Survey Shows Year-End Financial Planners Maintain High Confidence About Future Wealth

A recent survey from financial confidence company Boldin reveals that Americans who actively manage their financial plans maintain high confidence about their long-term wealth prospects. The company polled more than 1,000 financially savvy Americans who use Boldin to manage their own financial plans, with respondents evenly split between retirees (51%) and those planning for retirement (49%).

The survey found that across all current wealth bands, the majority of respondents anticipate having the same or more money at their longevity than they have today. This finding is particularly notable given that 70% of respondents reported assets ranging from $1 million to $5 million, indicating that even high-net-worth individuals see value in this planning approach.

The importance of this survey lies in its demonstration of how proactive financial management correlates with confidence about future financial security. Among both retirees and retirement planners surveyed, 99% conduct year-end planning, and a majority review their plan multiple times throughout the year. This consistent engagement appears to yield tangible psychological benefits, with nine out of ten (92%) respondents saying that annual or more frequent reflection on their big-picture financial goals and progress toward them significantly increases their confidence.

For retirement planners specifically, the motivation behind end-of-year planning activities reveals an emphasis on confidence building rather than pure wealth accumulation. Nearly 80% of retirement planners complete these activities to increase confidence in their plan, while less than half (43%) said they do so to build more wealth over time. This suggests that for many financially engaged Americans, the psychological assurance provided by regular planning may be as valuable as the financial outcomes themselves.

The survey results have implications for both individual investors and the financial planning industry. They suggest that regular, systematic review of financial plans—particularly at year-end—can help maintain confidence about long-term financial security. Boldin's approach to financial planning, which includes Retirement Planning software that enables users to manage their own retirement plan independently or with support, appears to facilitate this confidence-building process for its users.

To date, more than 450,000 people have used Boldin to create a plan and build their confidence to make smarter financial decisions. The company's model, which includes access to CFP® professionals at Boldin Advisors for fee-based, personalized advice, represents one approach to what the company describes as democratizing access to high-quality financial planning. The survey results indicate that this approach, when combined with regular review habits, helps users maintain optimism about their financial futures regardless of market conditions or economic uncertainty.