Saturday, April 19, 2025

Half of Young Adults Don't Expect to Match Parents Finances

Thu, 01 June 2023  |  demographics finances 

With a possible recession looming and global activism growing, young adults are far more bullish about their ability to change the world than they are about securing their own financial future, according to a report from the TIAA Institute and Business for Impact's AgingWell Hub at Georgetown University.

The report – the Young Adults Personal and World Outlook Survey – surveyed  Gen Z and younger millennials, ages 24 to 35.

More than half (56%) feel that they have a role in solving global problems like climate change, social injustice and political division. But when it... Read More

Home Price Gains Slow to Lowest Rate on Record

Thu, 01 June 2023  |  economy housing 

Home prices rose slightly in May, but price growth slowed to the lowest rate on record since 2016, suggesting home prices may not see a new peak in 2023, according to the Realtor.com® Monthly Housing Trends Report released today. Additionally, home inventory growth continues to slow and is declining in many metro areas across the country as fewer sellers list their homes than last year and buyers compete ov... Read More

Global High-Net-Worth Population Sees Biggest Decline in Size and Wealth for Over a Decade

Thu, 01 June 2023  |  wealth management hnw 

Capgemini’s latest World Wealth Report reveals the global high-net-worth-individual1 (HNWI) population dropped by 3.3% to 21.7 million in 2022, while the value of its wealth decreased by 3.6% to USD 83 trillion. According to the report, this marks the steepest drop in ten years (2013-2022) triggered by... Read More

Americans Facing a New Retirement Reality

Tue, 30 May 2023  |  demographics retirement 

The dynamics of retirement planning have dramatically shifted as Americans navigate inflation, market volatility, financial crises, fears of bank failures and other challenges. Taken together, these factors have created a new retirement reality that may have fundamentally shifted the long-term outlook for many Americans, according to the latest study from Allianz Life Insurance Company of North America (Allianz Life).

With so many financial risks, many Americans may be trading their financial future to get by in the here and now. For example, recent financial crises caused 46% to say ... Read More

Gen Z Immersing Themselves in World of Investing

Wed, 24 May 2023  |  investing 

• Research from CFA Institute and the Financial Industry Regulatory Authority Investor Education Foundation (FINRA Foundation) reveals how access to investment products, sources of investment knowledge, and macroeconomic uncertainty are factors in Gen Z's financial decision making.
• Four in five (82%) Gen Z investors surveyed in the U.S say they began investing before they turned 21, as did 79% of Canadian, 81% of UK and 63% of Chinese Gen Z investors.
• 41% of Gen Z investors ages 18 to 25 surveyed in both the U.S. and Canada cite fear of missing out ("FOMO") as a factor in... Read More

  Three-Fifths Of Americans Living Paycheck To Paycheck

  Tue, 28 February 2023  |  consumers 

  A new survey from LendingClub and PYMNTS finds that 60% of U.S. adults, including more than 40% of consumers with high incomes, reported living paycheck to paycheck as of January 2023, a decrease of 4 percentage points from January 2022. This drop shows that some consumers' financial conditions have actually improved as a result of spending reductions over the past year.

  Also, it seems like customers are becoming used to the current financial climate. For instance, fewer customers now anticipate a worsening of their financial status, and more people have a positive outlook towar... Read More

  
  Prev  Next