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Families Are Paying Nearly Half of College Costs out of Pocket
On Average, Families Spent Roughly $26,500 on College in 2017-18; Three-Quarters of College Funds Come from Sources Other Than Student Loans
Family income and savings covered nearly half (47 percent) of all college expenses last year, according to “How America Pays for College 2018,” the national study from Sallie Mae — the nation’s saving, planning, and paying for college company — and Ipsos, an independent global market research company.
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New Study: Positive Investor Sentiment Entering Midterm Elections
Young investors are most likely to believe the midterm elections will positively affect their portfolios
E*TRADE Financial Corporation (NASDAQ:ETFC) today announced results from the most recent wave of StreetWise, the E*TRADE quarterly tracking study of experienced investors. Amid increasing trade barbs, geopolitical unrest, and a late-stage economy, results show investors are hopeful that the midterm elections will have a positive impact on their investments
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Top of Mind for Insurance Leadership: New Business Models and Products in a New Digital Era of Insurance
Platform-based solutions enable innovation and speed to value in a rapidly changing insurance industry
The digital era shift is realigning fundamental elements of business that require major adjustments from insurers in order for them to survive and thrive, according to a new thought leadership report released today by Majesco, a global provider of core insurance platform software and consulting services for insurance business transformation.
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Study: U.S. Health Care Exacerbating Struggles of American With Serious Illness
...With many facing financial ruin
Americans who become seriously ill don’t just struggle with their disease. Often, they feel confused and helpless (62%), face the risk of financial ruin (53%), and experience serious problems with their care (61%). Those are among the key findings of a new survey released today by the Commonwealth Fund, the Harvard T.H. Chan School of…
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Guaranteed Income Across Annuity Products
Withdrawal Guarantees Compete with Income Annuities
Income annuities have been viewed as the most efficient form of income guarantee available to clients due to their product design. Savings annuities, however, often provide higher guaranteed income through withdrawal benefits with very different guarantee structures.
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Planning Through The Generational Shifts
Millennial business owners focus on retirement more than Gen X or Baby Boomers
Despite numerous stereotypes about Millennials, a new survey by Nationwide reveals they could be more prepared and supportive of planning for the future than Gen X or Baby Boomer business owners.
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All LTC Protection Is Not Created Equal
Survey: Nearly 4 in 10 Americans 65+ haven't talked with others about preparing for possible need of long-term care
Nearly 4 in 10 Americans age 65 and over – 37 percent – say they haven't had conversations with anyone about preparing for their possible need of long-term care (LTC). The proportion was similar to American adults overall, 38 percent of whom said they hadn't had such conversations.
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AARP Bulletin Reveals 10 Ways the Midterm Elections Could Change the Future for Older Americans
Special report details how Social Security, Medicare, Medicaid, retirement savings plans and other key programs are at stake this election
How America votes in the midterm election could influence major policy decisions at the federal and state levels that could affect the lives of all older Americans for decades to come, according to a special report in the October issue of the AARP Bulletin.
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How Digital Habits Are Driving Shifts In Financial Attitudes
Consumers are growing more comfortable conducting financial activities with non-traditional technology providers
The latest quarterly consumer trends research from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, shows that as the importance of digital engagement has grown, so has consumer comfort using non-financial companies to conduct financial activities.
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The Rising Costs of Caring
Genworth’s 15th Annual Cost of Care Survey Shows Continuing Rise in Long Term Care Costs
Living longer has its advantages, but it also increases the likelihood of needing long term care[2], a proposition that is getting more costly with every passing year.
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Bridging The Big Advice Gaps
When Financial Tasks Are Difficult, Consumers Don’t Seek Help
The vast majority of consumers who find a financial task difficult don’t seek help, creating large advice gaps, as seen in a new report from Hearts & Wallets, the source for retail investor data and insights.
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Stocks Take a Ride
Volatility comes back in full force
Volatility was back in full force last week. The three major domestic indexes posted several days of losses before experiencing wide swings on Friday.
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Happy Birthday, 401(k)
The state of Boomers in retirement, as 401(k) turns 40
This November marks the 40th anniversary of the legislation that paved the way for 401(k) plans. Schwab Retirement Plan Services is out with a study that highlights the confidence that Baby Boomers - the first generation with access to a 401(k) for the majority of their career - feel as they approach retirement.
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