Friday, April 3, 2026

Back To The Office?

Fri, 03 December 2021  |  pandemic workplace 

Despite the enthusiasm by many corporate executives to get their workers back in the office, a new survey from The Conference Board finds that COVID concerns are not what's keeping staff away. In fact, they are working from home because of the greater work-life balance it purportedly offers. Indeed, workers place such a premium on this balance, that a quarter of workers who... Read More

Happy Thanksgiving!

Fri, 26 November 2021  |  economy retirement travel 

The holiday season started this week with consumers showing they're ready to get back into the air. According to CheapOair, online searches of airline tickets for Thanksgiving and through the holidays are up 72% as compared to searches in August of this year. Comparing the same period, searches for US to International destinations are up 73%, and searches for international origin to US destinations are up 129%.

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COVID-19 Undermines Womens Retirement Security

Fri, 29 October 2021  |  demographics retirement 

More than half of working women (51 percent) indicate their financial situation has been negatively impacted by the pandemic, according to Life in the COVID-19 Pandemic: Women's Health, Finances, and Retirement Outlook, a study released today by nonprofit Transamerica Institute®.

As part of TCRS', "21st Annual Retirement Survey of Workers", one of the largest and longest-running surveys of its kind, the new study examines the retirement outlook of women in the workforce. It is based on a survey of employed workers conducted in late 2020 and contains recommendations for w... Read More

Gen Z Wants Credit Perks but Leery of Debt

Thu, 21 October 2021  |  credit demographics 

Alliance Data Systems Corporation, a global provider of data-driven marketing, loyalty and payment solutions, released findings from a national study that assesses payment wants, habits and attitudes of Gen Z consumers. The results show that while the majority want traditional credit card rewards and perks – 86% want cash back on everyday purchases; 84% want rewards that never expire; and 83% want to earn bonus rewards on certain spend categories – 78% admit they are also afraid of assuming debt.

Additional findings from the study include that many Gen Z shoppers want:

<... Read More

Retirees Spending Significantly More Than Expected in Early Years of Retirement

Thu, 21 October 2021  |  retirement 

New research from J.P. Morgan Asset Management reveals that 42 percent of participants are leaving balances in their defined contribution (DC) account in the three years following retirement, up significantly from 28 percent in 2018 and double the percentage in 2009 (20 percent).

At the same time, retirees are spending at higher than expected levels in the early years of retirement, and should plan on needing to replace more than 90 percent of their working income at retirement, a significant increase from the widely accepted 70-80 percent standard. This number gradually decreases o... Read More

Gen Z Has The Lowest Financial Literacy

Wed, 20 October 2021  |  demographics 

Financial literacy is low within each of the five generations—the Silent Generation, Baby Boomers, Gen X, Gen Y and Gen Z—but is the lowest among Gen Z, according to a new report by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University (GW) School of Business.

While financial literacy tends to be greatest among baby boomers and the Silent Generation, the average percentage of questions answered correctly is nonetheless only 55% among each. Among Gen X, Gen Y and Gen Z, the percentage of P-F... Read More