New York Life’s latest Wealth Watch survey finds that American adults overwhelmingly report they are not financially preparing for major life events such as purchasing a home, starting a family, changing careers or retirement.
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With high prices and high interest rates, U.S. households continue to feel the strain and concern of not being prepared for the unexpected.
How much do Americans really know about Social Security?
More than half of Americans surveyed said that they do not know much about Social Security or how it will fit into their retirement plan.
Half (48%) of American women in what’s known as the “sandwich generation,” or people who are caring for both children and parents or relatives, report feeling under financial strain according to new research from Edward Jones, in partnership with NEXT360 and Morning Consult.
The pros and cons of joining different community organizations
People do business with people they like. But first, they need to meet you and get to know you on a social level. What next?
Retirement moves for millennials without savings
Retirement saving strategies for millennials who are late getting started with investing.
Retiree health care costs rise to new high, study finds
A 65-year-old retiring this year can expect to spend a record high in health care and medical expenses throughout retirement, a study finds.
ETF adoption strong among financial advisors, institutional advisors
More than two-thirds of financial advisors “always” or “often” recommend exchange traded funds (ETFs) to their clients.
Amid today’s economic challenges, American workers are showing remarkable confidence in their long-term financial and retirement plans, according to the fourth annual Protected Retirement survey from the Nationwide Retirement Institute.
Organizations: The right places to meet the right prospects
The four characteristics of the ideal community organization for you.
Cardinal Point Wealth Management Alerts Canadian Expats in the U.S. to Potential Tax Changes in 2025
Cardinal Point Wealth Management is raising awareness among Canadian living in the U.S. about significant tax changes that may impact their financial planning in 2025. Key provisions from the 2017 Tax Cuts and Jobs Act expire at the end of 2025, and individual and corporate taxpayers are expected to face substantial tax rates, deductions, and credit…
Why advisors should discuss funeral preplanning with clients
Addressing this issue can close a gap in end-of-life planning.
How financial advisors plan to grow their practices
Two recent surveys are providing critical insights on ways that financial advisors are using to grow and scale their businesses.
Emotional intelligence is a sought-after skill for advisors
Most Americans agree that it’s important for advisors to exhibit emotional intelligence, both with their clients and themselves.
A new research report published by the Employee Benefit Research Institute taking a historical look at labor force participation and employment data in the United States found the prime working age population (25-64 years old) has significantly fallen and is being filled by older workers.
Does working with an advisor really provide benefits to the consumer?
Does having a financial advisor truly make a difference? A recent Northwestern Mutual study has some answers.
5 communication best practices for enhancing client retention
When it comes to retaining clients, client communication can prove an asset. What are best practices for client communication?
Planning for retirement beyond Social Security
Social Security was never intended to be the only source of income after retirement.
How to recognize – and get over – a sales slump
Sales slumps are inevitable, no matter your experience level. We talk to some experts who can help you break through.
Are affluent Americans prepared to pass on their wealth?
While nearly all affluent Americans expect to pass down wealth to heirs, only half said they have a plan in place to do so.
