Mon, 25 April 2022 | sustainabillity
Americans are seeing the progress being made in corporate sustainability, but are looking for companies to step up their efforts even more. At the same time, consumers have a broader definition of sustainability, with increasingly influential social factors driving sustainable purchasing decisions. This is according to a survey conducted by The Conference Board among 1923 American adults in collaboration with The Harris Poll.
Key messages are contained in two reports on consumer sustainability priorities and their vision for progress across sectors. For consumers, sustainabilit... Read More
Mon, 25 April 2022 | financial planning
According to TD Wealth's fourth annual estate planning survey, digital tools and assets could be adding another level of complexity to the planning process.
This year's survey found that more than two-thirds (69%) of estate and financial planners are now incorporating digital tools into their clients' estate plans.
The digital content that led the way into estate plans in 2022 included blogs, social media and email accounts (71%), followed by passwords at 67%. The increase in the use of digital content and tools is consistent with an increased interest in digital ass... Read More
Sat, 23 April 2022 | travel
With summer vacation season approaching fast, people aren’t flip-flopping on their desire to travel. A new survey from Vacasa revealed that 63% of Americans plan to get away this summer, which is a slight jump from the 59% who planned to do so in 2021, and that 85% of summer travelers report plans to vacation more frequently this summer compared to last.
Though there are still factors keeping people homebound or undecided about summer vacations, including rising travel and gas prices, COVID-19 is having less of an impact on travel plans. At this point in the pandemic, more so ... Read More
Fri, 22 April 2022 | housing
Homebuyer demand softened further over the last several weeks, as a typical slump in buying and selling over Easter and Passover weekend amplified a recent slowdown triggered by surging mortgage rates and housing costs. That’s according to a new report from Redfin (redfin.com)
Roughly 1 in 8 sellers cut their list prices during the four weeks ending April 17—the highest share in five months—and asking prices declined slightly from the previous four-week period. Redfin's Homebuyer Demand Index—a measure of requests for home tours and other home-buying services from Redfin a... Read More
Wed, 20 April 2022 | inflation retirement
As the rising cost of goods and services impacts the wallets of many Americans today, the growing concern of being able to save enough for retirement is also on the rise. Voya Financial, Inc. (NYSE: VOYA), released new findings from a consumer research survey revealing that 66% of Americans agree or strongly agree that they are worried about the impact of inflation on their ability to save enough for retirement. What’s more, an even greater amount of individuals agree or strongly agree they are worried about the impact of inflation on their personal finances and the ability to maintain ... Read More
Fri, 11 February 2022 | retirement women workplace
For those looking to invest their retirement funds, a Nationwide Retirement Institute® survey of employer-sponsored retirement plan participants and sponsors found that women are more likely to have been financially impacted by the pandemic than men.
About one in five (18%) women feel they are on the wrong track for retirement, and the same percentage expects to retire later than the originally planned due to the pandemic.
Fewer women than men have been able to hit financial milestones such as contributing to a 401(k)/IRA (50% of women vs 58% of men), building an emer... Read More
News and insights about consumer and demographic financial trends
The Hidden Cost of Idle Cash: What the Vanguard Survey Reveals About America’s Savings Habits
Consumers Growing Cautious Amid Rising Inflation and Economic Uncertainty
US Taxpayers Say Tax Refunds are a Financial Necessity
Consumer Pessimism Grows Despite Stable Long-Term Inflation Expectations
Economic Uncertainty and Inflation Impact Retirement Prospects for Americans
AARP Survey Reveals Alarming Retirement Savings Trends
Hispanic Consumers More Optimistic About Finances
Homeowners Facing Increasing Insurance Rates
U.S. Foreclosures Increase In First Quarter
Consumers Perceive Less Buying Power Despite Lower Inflation