Long-Term Care Insurance

  • Generational Divide In Post-Pandemic Financial Confidence
    Generational Divide In Post-Pandemic Financial Confidence

    Millennials express more confidence in their long-term financial futures than their Gen X counterparts, though concerns about post-pandemic budgets linger

    The latest New York Life Wealth Watch survey revealed how Millennials are most concerned about post-pandemic budgets, but they express high levels of confidence in their long-term financial futures and retirement preparation. Gen Xers, conversely, are more confident about their short-term budgets but more uncertain about their financial futures.
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  • Generational Views Of Retirement In The U.S.
    Generational Views Of Retirement In The U.S.

    Different generations face different retirement challenges

    The ongoing COVID-19 pandemic has presented extraordinary health and economic challenges across the globe, triggering yet another deep economic crisis. While the availability of several vaccines in late 2020 has begun to alleviate health and economic issues, the economic fallout from the pandemic may create substantial uncertainty about financing retirement that could trigger Americans to…
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  • 2021 Supplemental Health, DI & LTC Conference Goes Virtual
    2021 Supplemental Health, DI & LTC Conference Goes Virtual

     Exploring how the pandemic is changing the insurance industry

    Sam Glick, partner and leader of Oliver Wyman’s Health Innovation Center, will open the 2021 Supplemental Health, DI and LTC conference with a discussion about what the U.S. healthcare landscape will look like post pandemic.
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  • Millennials & Gen X Increasingly Concerned About Retirement In Wake of Pandemic
    Millennials & Gen X Increasingly Concerned About Retirement In Wake of Pandemic

    Strong support across generations for pensions and Social Security

    A national survey finds that Millennials and Generation X are more worried about retirement as compared to older generations. Sixty-four percent of Millennials and 54 percent of Generation X are more concerned about their retirement security in the wake of the COVID-19 pandemic. The level of concern is at 42 percent for Baby Boomers and…
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  • Capturing Control Of Your Retirement Planning
    Capturing Control Of Your Retirement Planning

    Plan participants reach out for help with investments, contributions, and post-retirement income

    J.P. Morgan Asset Management today released findings from its sixth research study of plan participants, revealing that while nearly four in five respondents did not change their contributions or investments during COVID-19, more than half feel like they're overloaded with information and don't know where to start planning for retirement.
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  • Care Crisis Looming
    Care Crisis Looming

    Considering the future of the caregiving workforce

    Mounting pressures of skyrocketing aging populations, severe barriers to building an expanded caregiving workforce to meet demand and the inability of older generations to rely entirely on family support are all contributing to the crisis of care, a new global report highlights.
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  • Bank of America Launches New Digital Investment Advisory Program
    Bank of America Launches New Digital Investment Advisory Program

    Personal Retirement Strategy provides investment guidance to help employees achieve retirement income goals

    Bank of America today announced the launch of Personal Retirement Strategy, a new digital investment advisory program. Institutional and corporate retirement plan clients can now offer this Merrill program designed to help plan participants establish and pursue their retirement income goals.
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  • The Threat Student Loan Debt Poses On Retirement Readiness
    The Threat Student Loan Debt Poses On Retirement Readiness

    Collectively, Americans owe $1.6 trillion in student loan debt

    by Laurel Taylor

    The rising costs of college and individual indebtedness have forced policymakers to consider student debt a growing threat to retirement savings. Collectively, Americans owe $1.6 trillion in student loan debt. Not to mention, it takes many borrowers up to 30-40 years to repay that debt. This prevents individuals from saving for retirement and creating healthy…
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  • A Pandemic Silver Lining
    A Pandemic Silver Lining

    Many Americans credit the pandemic with helping them refocus on their retirement planning

    Many Americans credit the pandemic with helping them refocus on their retirement planning Edward Jones and Age Wave research reveals the timing and funding of retirement are being adjusted, shining a spotlight on the importance of purpose and contribution post-work. ST. LOUIS, June 14, 2021 /PRNewswire/ — Following a year of unprecedented volatility across economic…
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  • LGBTQ+ Consumers Aim High With Retirement Savings Goals
    LGBTQ+ Consumers Aim High With Retirement Savings Goals

    Yet the pandemic still created financial stress and retirement uncertainty that underscores areas for improvement to achieve financial security

    LGBTQ+ Americans have big goals when it comes to retirement. According to Lincoln Financial Group’s 2021 Retirement Power Study, LGBTQ+ respondents feel they should save a higher median amount of their annual salary for retirement — 20% — when compared to the broader population at 15%.
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  • Money On The Table: Just 10% Of Non-Retired Americans Plan To Wait To Age 70 To Claim Social Security
    Money On The Table: Just 10% Of Non-Retired Americans Plan To Wait To Age 70 To Claim Social Security

    Seven-in-Ten Wish They Were More Knowledgeable About Social Security

    According to the Schroders 2021 US Retirement Survey, just 10% of non-retired Americans ages 45 and older are planning to wait until age 70 – the age at which an individual reaches their maximum monthly benefit – to begin taking their Social Security benefits.
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  • Americans Say They’re In Financial Recovery Mode
    Americans Say They’re In Financial Recovery Mode

    While they are still contending with the financial impact of the pandemic, almost all of them are confident they'll recover fully

    Most Americans are still contending with the financial impact of the Covid-19 pandemic, according to the latest set of findings from Northwestern Mutual's 2021 Planning & Progress Study.
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  • How Has Pandemic Impacted Trends In Retirement?
    How Has Pandemic Impacted Trends In Retirement?

    Approximately a Third of Americans say the pandemic delayed their retirement plans, while younger respondents report greater knowledge of lower-risk financial products

    The Indexed Annuity Leadership Council (IALC) today announced the launch of a survey that examines the impact of the pandemic on trends in retirement. The study found that almost a third (30%) of American workers said the pandemic delayed their plans for retirement.
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