Americans are increasingly concerned about the future of Medicare, with nearly two-thirds (63%) fearing the program will not be there when they need it, according to the annual Nationwide Retirement Institute Health Care Costs in Retirement survey.
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Navigating the Hurdles: A guide to selling LTC insurance
There are many challenges in selling long-term-care insurance. So, what does it take to rev up sales of this much-needed product?
As the November election looms, Americans are bracing for potential financial challenges and taking proactive steps to safeguard their financial well-being, according to Americans’ Financial Outlook and the 2024 Election, the latest CFP Board research report.
Market volatility fuels risk-averse stance among investors
Following recent market volatility, the majority of Americans want to reduce risk in their financial strategy and bolster their portfolio against future volatility, according to the 2024 Q3 Quarterly Market Perceptions Study from Allianz Life.
Poor website design could be hindering Americans’ retirement planning, study finds
A recent survey found approximately one in five retirement plan websites and mobile apps do not meet client expectations.
Are all millionaires confident in their financial plans?
While nearly half of millionaires surveyed believe their financial plans need improvement, those with financial advisor feel more confident.
Internships and mentorships fuel financial advising careers
Becoming a financial advisor can be challenging, even with a wealth of resources available.
Women and money: Learning the right language
Working with women is one of the biggest opportunities financial professionals have today. But they must understand how women view money and know the right language to be a trusted advisor to them.
Insurance experts see good news after Fed cuts rates by a half-point
The Federal Reserve stunned economists today by slashing its benchmark interest rate by a whopping half-point.
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.
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…
