Tuesday, April 7, 2026

One in Three Seniors Plan to Work Past 70 or Never Retire

Thu, 06 May 2021  |  retirement 

Seniors are working later in life to make ends meet, and the events of 2020 have accelerated the trend. The changing landscape of retirement has caused a large percentage of older Americans to push back their retirement dates or pick up working again to make up for lost ground. To understand the impact that 2020 had on seniors' work life and finances American Advisors Group (AAG), the nation's leader in home equity solutions, conducted the Post-2020 Retirement Survey with over 1,500 participants ages 60-75.

"After the uncertainty created by the events of 2020, many seni... Read More

Only 20% of Couples Participate Equally in Financial Decisions

Thu, 06 May 2021  |  investing 

A new report from UBS finds that nearly half of the women (48%) surveyed said their spouse takes responsibility for long-term financial decisions such as investing, financial and estate planning. This year’s report surveyed 1,500 high-net-worth men and women in marriages or partnerships and showed that while women continue to make strides in the workplace, there is still a long way to go in achieving equality at home. Surprisingly, only one in five (20%) couples say they make financial decisions together, but overwhelmingly believe that unless women are equally involved in these decisions... Read More

Parents Continue to Face Financial and Work Challenges due to COVID-19

Thu, 06 May 2021  |  pandemic workplace 

As the United States continues to emerge from the COVID-19 pandemic, parents, especially mothers, continue to feel exasperated by financial and workplace challenges. Sixty-one percent of parents say they find it difficult to manage their finances due to priorities during the pandemic according to the MassMutual Consumer Spending & Saving Index. At the same time, a silver lining has emerged: almost two-thirds of parents (65%) say the pandemic has improved their relationship with their children.

“Many Americans are still experiencing the ripple effects of the pandemic on t... Read More

Retail Sales Jump 23%

Thu, 06 May 2021  |  retail spending 

Total U.S. retail sales sprung into another month of double-digit growth in April, according to the Mastercard SpendingPulse^TM, which measures in-store and online retail sales across all forms of payment. U.S. retail sales excluding automotive and gasoline increased 23.3% year-over-year in April, and 10.8% compared to April 2019. Online sales in April grew 19.9% and 95.6%, respectively, compared to the same periods.

Retail sales continue to benefit from stimulus payments, coupled with warmer weather and broader reopening across the country. While the recovery ha... Read More

Latest IBD/TIPP Poll Shows Dip in Economic Optimism

Tue, 04 May 2021  |  consumers 

The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, ended its streak of four consecutive months with improved optimism. The May index showed a 3.5% decline, with a dip in all three of its components. The index overall remained in positive territory, however, with a reading of 54.4, down from 56.4 in April. For the IBD/TIPP indexes, a reading above 50.0 signals optimism and below 50.0 indicates pessimism. The Economic Optimism Index has been in positive territory since January 2021.

The IBD/TIPP Economic Optimism Index has established a strong... Read More

Seismic Shifts to Redefine Philanthropy

Tue, 04 May 2021  |  charitable giving 

A major shift is underway in how people give, the tools they use and even what motivates them, according to a new report by Fidelity Charitable^® based on a survey of nearly 4,000 philanthropic individuals who gave at least $1,000 to charity in the previous year. The shift has tremendous implications for nonprofits that depend on the more than $450 billion donated to charity each year, but also has the potential to shape American society much more broadly. The pandemic accelerated existing trends, increasing the use of digital giving tools and driving a shift in the causes donors... Read More