Sunday, April 20, 2025

Envestnet Examines Keys to Unlocking Complicated Financial Relationships

Thu, 28 July 2022  |  financial advice 

Envestnet released the results of its first national study, "The Intelligent Financial Life: The Unexpected Intersection Between Technology, Clarity, and the Human Connection," which was conducted in collaboration with The Center for Generational Kinetics. The study revealed unexpected trends, attitudes, and behaviors that Americans across generations have regarding utilizing financial advisors and new technology to help them achieve their financial goals.

The study offers evidence-based perceptions about what's required to support people's accomplishments. The Intelligent Finan... Read More

Older Homeowners Least Likely To Tap Home Equity

Wed, 27 July 2022  |  housing 

Finance of America Reverse LLC (FAR), a leader in retirement solutions asked The Harris Poll to conduct a survey of 2,000 homeowners in the United States aged 18 or older to gain an understanding about home equity, its potential uses, and how it can be used to help homeowners achieve their long-term financial goals.

It was found that older homeowners are less likely to use home equity loans than those in younger generations. This is despite the fact that older homeowners are more likely to benefit from these financing options with U.S. homeowners over 62 having more than $10... Read More

Majority of Americans Need Financial Planning Improvement

Wed, 27 July 2022  |  financial planning 

According to the Northwestern Mutual 2022 Planning & Progress Study, more than 62% of Americans (62%) believe their financial planning is in need of improvement. However, only 35% of Americans seek out financial advice.

Data also showed a trend that shows a large number of people recognize the importance of seeking help in the near future. This is a trend that has been evident for the past two years. Nearly one-fifth (18%) of Americans say that they did not have an advisor prior to the COVID-19 pandemic. However, they have either started working with someone or are planning ... Read More

Americans Preparing For Recession

Wed, 27 July 2022  |  consumers economy 

Prudential Financial, Inc.'s latest Pulse research series "Americans Prepare For the Economy's New Act" finds that fears of an economic downturn as well as high inflation could threaten the financial stability and confidence of Americans right after the end of the pandemic.

Among the key findings of this report are:

• 74% expect a recession in the next two-years-- while 79% worry about how inflation might impact their fina... Read More

  Inflation Concerns Slowing Middle-America Spending

  Thu, 14 July 2022  |  consumers economy 

  A new survey from Primerica, a leading financial services company, found middle-income households taking proactive steps to secure their finances as they brace for a possible recession. About three-quarters (77%) believe the country will be in that situation by the end of the year, and most Americans are preparing by cutting back on spending, delaying major purchases, or planning to work longer before retirement.

  “Middle-income families are taking a hard look at their finances right now. Rising costs continue to eat into their bottom line amid fresh concerns of a recession,”... Read More

  Home Prices Keep Increasing

  Thu, 14 July 2022  |  economy housing 

  Single-family home prices increased at the annualized rate of 19.4 percent in Q2 2022, down slightly from the previous quarter's upwardly revised 20.5 percent, according to Fannie Mae's latest Home Price Index (FNM-HPI) reading, a national, repeat-transaction home price index measuring the average, quarterly price change for all single-family properties in the United States, excluding condos. On a quarterly basis, home prices rose a seasonally adjusted 4.3 percent in Q2 2022.

  "Home prices maintained a near-historic pace of appreciation in the second quarter, as low levels of hou... Read More

  
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