Will a new year bring improvement to your financial situation?

Not only the end of the year, but the end of a decade seems to dictate the need for extraordinary action, particularly considering the unsettled nature of the political and economic climate at present. Impeachment, greater inequality than has been seen since the Great Depression despite the presence of a roaring stock market and low unemployment, rising health care costs—all beg for better financial preparedness, particularly when considering retirement.

People aren't happy with the status quo, either—in fact, a Fidelity Investments study, according to CNBC, has found that people would rather save money than lose weight in the year to come. In fact, a staggering 84 percent said that saving $5,000 was higher on their priority list than losing 5 pounds—and 84 percent also said they'd rather cut down on their debt than the 16 percent who said they'd like to cut their screen time (presumably that latter will be easier now that Game of Thrones has concluded).

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.