The Financial Planning Association (FPA) will focus on the theme “live the dream” for its 17th annual Financial Planning Week, from August 21-27.

The week will begin with the release of a consumer research report that includes data on a link between happiness and having a financial plan.

The report has been created in partnership with McCrindle Research, and the FPA has prepared a series of real-life video stories and a social media competition.

CEO Dante De Gori says the report builds on the “dare to dream” document released for last year’s Financial Planning Week.

“Last year we discovered Australians are optimistic and daring to dream about their future, despite challenging economic times, financial stress and regret at not saving enough,” he said.

“This year we deep-dive into how we are going as a nation at living out those dreams, and release insights into the habits, beliefs and demographics of the enviable group of Australians most happy with their lot in life.”