Post-Pandemic Economic Growth Could Last ‘For Many Years’
The U.S. economic recovery is now in full swing. Despite the natural challenges of ramping back up, the recovery still seems capable of providing upside surprises.
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Taxes A Top Concern Of Advisors And Clients, Nationwide Survey Shows
Nearly three-fourths (72%) of advisors and financial professionals are very concerned about tax increases over the next four years, according to Nationwide’s Washington Impact Survey.
How Does President Biden’s First 100 Days Compare To Trump?
President Biden’s 100th day in office is tomorrow, on April 29. Hard to believe it has been 100 days already, but overall the economy continues to improve and stocks have done very well under our new President.
Insurers Struggle To Convert Online Visits Into Bound Policies
Despite consumers’ widespread adoption of digital channels to engage with insurers, most insurance sales still finalize offline or in-person.
Tabetha Church, of Cleveland, bought a $10 scratch-off and won a $1 million prize, according to an NC Education Lottery news release.
Pandemic Aid Has Worked Well, Fed Says, But Missed Some People
Stimulus efforts have mostly been successful, Fed researchers say. The $5 trillion in COVID-19 relief spending lawmakers have passed in the last year has far eclipsed how much they doled out during the Great Recession and in previous downturns.
5 Things You Need To Know About The Rise Of State-IRA Programs
The realization that most Americans aren’t ready for retirement has caused many states across our country to take initiative to help increase retirement plan access and savings by implementing state-run programs.
A recent study of more than 2,000 U.S. adults, conducted online by The Harris Poll on behalf of MDRT, found that 53% of Americans say their top New Year’s resolution was going to be related to their finances.
Technology Trends Every Agent Should Know
Every American knows how critical video meeting platforms like Zoom have been holding our families and workplaces together in the past year. For many agents, learning how to use such programs was the push they needed to catch up with a key technological trend.
Planners spend their days meeting with clients, working on plans, educating themselves, keeping up with responses to calls and emails, marketing, and trying to find moments to gather their thoughts. The to-do list can feel overwhelming and unapproachable. But, it is possible to organize these tasks and take back control of your time.
Digitalizing processes should not be seen as a replacement for the existing agency model. On the contrary: Digital technology should help insurers to automate standard processes and enable the agent as they advise the client to add an extra layer of personalized services.
According to estimates from recordkeepers and employee benefit research organizations, the average retired couple will spend over a quarter million dollars for healthcare and medical expenses in retirement.
Should Investors Root For Tom Brady Or Pat Mahomes?
The Super Bowl Indicator suggests stocks rise for the full year when the Super Bowl winner has come from the original National Football League (now the NFC), but when an original American Football League (now the AFC) team has won, stocks fall. What does that mean for Sunday’s game?
Retirement planning is a long-term strategy. Here are some ways advisors can support their clients’ retirement readiness during times of market uncertainty.
The economic news has continued to soften in recent days. December saw layoffs go up and the number of jobs decline, and, this morning, the retail sales numbers dropped. Consumer confidence has gone down. Clearly, the economic headwinds from the pandemic are getting worse.
Learn To Recognize Your Penultimate Moment
The diversity of penultimate moments can make them difficult to recognize if you aren’t looking for them. Many people in various industries focus only on an envisioned finish line instead of their personal or professional journeys. Aside from making life duller, this outlook also turns life events from steps to evaluate into obstacles to overcome.
Whether it’s childbirth, adoption, a family health crisis, or a worker’s own health crisis, life insurers believe no one should have to choose between their paycheck and caring for loved ones or themselves.
A way better than expected earnings season, a likely split Congress, and major breakthroughs on the vaccine front all helped stocks soar last month. Add ongoing support from the Federal Reserve as the cherry on top and we are looking at a truly historic month on many levels. But what now?
COVID-19 Outbreaks Threaten Economic Recovery
A new wave of COVID-19 cases threatens to trip up the economy. Increasing cases in Europe and the United States have brought new restrictions on activities, but the market doesn’t appear to be fazed by the recent outbreaks.
As we head into our first COVID-19 winter, and with a vaccine at least several months away, advisors and clients alike must prepare for increased social distancing and additional reliance on virtual meetings.
