6 Important Findings in Financial Research

1. People who write down their goals are 42% more likely to achieve them. — Dominican University 

2. Starting to invest early can dramatically increase lifetime wealth through compound growth. — Kiplinger 

3. A 22-year-old investing $5,000 per year until age 30 could still potentially build more than $2.5 million by retirement. — Kiplinger 

4. Research shows people with clear long-term goals demonstrate greater persistence, resilience, and self-control over time. — Behavioral psychology research

5. Households with emergency savings report significantly lower levels of financial stress and anxiety. — Federal Reserve research 

6. Studies consistently show people find greater long-term happiness through purpose, meaningful relationships, and autonomy than through constant comparison and material consumption. — Psychological research

Larry Faulkner

Faulkner Financial Freedom