As 2026 nears, advisors address financial resolutions with clients

Core Insights - A significant number of Americans are setting financial resolutions for 2026, with a focus on building emergency funds and utilizing high-yield accounts for savings [2][4] - Confidence in achieving these financial goals varies by generation, with economic uncertainty being a common concern across all age groups [3][6] Group 1: Financial Resolutions - Over 80% of Americans have set financial resolutions for 2026, with the primary goals being to build an emergency fund and use high-yield accounts for short-term savings [2] - Among those planning resolutions, 70% aim to save more money, while 49% intend to spend less [5] Group 2: Generational Concerns - 82% of respondents feel somewhat confident about achieving their financial goals, but concerns differ by generation: Boomers worry about unexpected expenses (29%), Millennials about insufficient income (22%), and Gen Z about overspending (15%) [3] - Economic uncertainty is the biggest concern for all age groups, affecting their saving and spending plans [3] Group 3: Motivations and Financial Advisory Interest - Key motivators for setting financial goals include rising living costs (26%) and preparing for unexpected expenses (24%), leading to increased interest in financial advisors [6] - A Wells Fargo survey indicates that nearly all respondents aged 25 and older with household incomes under $100,000 have set or are considering financial resolutions for 2026 [4]