16 March 2023

Rather than leave your financial future to chance, you might be better off with the support of a financial professional, according to Lincoln Financial Group research.

The Lincoln Financial 2022 Consumer Sentiment Tracker shows consumers who worked with financial professionals last year were 1.5 times more likely to meet their financial goals than consumers who did not work with a financial professional. Despite this, Lincoln’s research reveals a disconnect. Of survey respondents who did not work with a financial professional, 65% said they thought doing so would have had no impact on reaching their 2022 financial goals.

These findings come as the Sentiment Tracker also shows at least an 8% increase in concerns over mortgage/rent payments, rising interest rates and other financial challenges over the course of 2022. As these concerns rise, now might be a good time for consumers to consider the benefits of working with a financial professional.

“Your financial future is too important to leave to chance,” said David Berkowitz, president, Lincoln Financial Network. “A certified financial professional can support you in growing and protecting your personal wealth by helping you set meaningful goals and carefully crafting a financial plan to help guide you to success.”

While it is important to work with a financial professional, research also shows it is especially important to find an effective one. Survey respondents who reported being “very satisfied” with their financial professional were three times more likely to meet their financial goals last year.

To learn more about how to remove chance from the equation and choose the right financial professional for you, visit lincolnfinancial.com.


Lincoln Financial, Consumer Sentiment Tracker, 2022

The goal of this research is to gauge consumer sentiment on a variety of financial topics. Data was collected in March, April, May, June, July, September, October, and November 2022 using the Qualtrics survey platform. Responses were collected from a total of 1000+ U.S. adults each month. The sample included quotas to be representative of the total U.S. adult population.

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, approximately 16 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $282 billion in end-of-period account values as of December 31, 2022. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good and ranks among Newsweek’s Most Responsible Companies. Dedicated to diversity, equity and inclusion, we are included on transparency benchmarking tools such as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to providing our employees with flexible work arrangements, we were named to FlexJobs’ list of the Top 100 Companies to Watch for Remote Jobs in 2022. With a long and rich legacy of acting ethically, telling the truth and speaking up for what is right, Lincoln was recognized as one of Ethisphere’s 2022 World’s Most Ethical Companies®. We create opportunities for early career talent through our intern development program, which ranks among WayUp and Yello’s annual list of Top 100 Internship Programs. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.

Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates.  Affiliates are separately responsible for their own financial and contractual obligations.