- Even With Market & Economic Uncertainty, Retirement Savers Look Long Term And Continue To Save
Outstanding 401(k) loans continue to decline; total 401(k) savings rates continues to soar
What’s the level of anxiety among American retirement savers as a result of increasing interest rates, rising inflation and the ongoing impact of the pandemic? Understandably high.
read more - Inflation: A Major Concern For Seniors And Their Children Alike
Over 60% of adult children say inflation is hurting their senior parents
Current economic conditions have many seniors struggling to afford their later years, and new data from American Advisors Group (AAG) shows that their hardship is causing stress among their older aged children.
read more - New Financial Wellness Score Provides Individuals Easy-To-Understand Retirement Planning Check-Up
The new tool from The Alliance For Lifetime Income gives personalized recommendations to investors for discussion with a financial professional
The Alliance for Lifetime Income, a non-profit consumer education organization devoted to helping Americans address the risk of outliving their retirement income, today released its Financial Wellness tool.
read more - Current Uncertain Economic Environment Leads To Retirement Worries For Many Americans
More than two-thirds of Americans don't know that Social Security is protected against inflation
Continued financial repercussions from the pandemic, new concerns over market volatility and high inflation are leading two-thirds of Americans (66%) to worry more now than they did before about their retirement income, according to the Nationwide Retirement Institute's ninth annual Social Security Consumer Survey. That's a 10 percentage-point spike from 2021.
read more - Eighty One Percent Of Seniors Don’t Think The Next Generation Will Be Able To Retire Comfortably
While more than one third say employers didn't do enough to help them retire
Affording a comfortable retirement is challenging for modern day seniors and statistics shows they feel the problem is going to get worse. New data from American Advisors Group (AAG), the nation's leader in home equity solutions for seniors, shows that older Americans believe that affording retirement has been getting harder since the Silent Generation left…
read more - Over 50% Of Generation X Can’t Afford To Help Their Senior Parents
Major concerns over inflation found among families
Inflation and current economic conditions are creating problems for senior Baby Boomers, and new data from American Advisors Group (AAG) shows that those financial issues could become a problem for their Generation X (Gen X) children.
read more - Time For A Retirement Planning Check-Up?
A new interactive tool provides personalized recommendations to investors and clients
The Alliance for Lifetime Income, a non-profit consumer education organization devoted to helping Americans address the risk of outliving their retirement income, in May released its Financial Wellness tool.
read more - Mortgage Rates Jump Up To 522%
Volatility remains persistent... for now
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.22 percent.
read more - US Annuity Market Report 2022
Growing demand for registered indexed linked annuities presents opportunities
The US annuity market in 2021 was valued at US$231.63 billion. The market is expected to reach US$298.70 billion by 2026. The term annuity refers to an insurance contract issued and distributed by financial institutions with the intention of paying out invested funds in a fixed income stream in the future. Investors invest in or…
read more - The State Of Our Money
How Americans understand and approach their wealth
Stash, the investing and banking app with more than 2M customers and nearly $3B in assets under management, found that 90% of Americans want to invest, and 54% learn about personal finance from personal experience, but almost half (45%) don't know where to start.
read more - The Gender Confidence Gap
The state of women’s financial and emotional confidence
Guardian’s Study of Financial and Emotional ConfidenceTM explores how financial behaviors and habits affect one’s overall life satisfaction and well-being. Among other results, Guardian learned that income is not the sole driver of financial confidence and success.
read more - Meet Ms. Financially Independent
More than half of women now control household finances, investment & retirement planning
New research on female financial independence released today from HerMoney and the Alliance for Lifetime Income reveals that women are breaking down stereotypes and taking control – of their finances, careers, and futures.
read more - Staying Optimistic In Retirement
Elderly American’s retirement expectations remain uninterrupted despite covid
Employees’ retirement expectations have played important roles in predicting retirement decisions, making policy proposals, and designing financial products and services to help American workers better plan for their future retirement.
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