Peak 65 is a term used to describe the point in time when more Americans will turn age 65 than at any point in history, which will occur in 2024.This fast-approaching milestone requires the urgent attention and collective action of retirement security stakeho... Read More

Millennials More Likely To Have Emotional Connection To Their Home

Tue, 30 March 2021  |  housing 

With the pandemic shift to 'everything from home', the home has taken on more importance for American homeowners, Unison's 2021 "State of the American Homeowner" survey found. Homeowners are using their homes as offices, gyms, schools, shopping and much more. As a result, nearly ⅔ (64%) of respondents say living through the pandemic has made their home more important to them now than ever before.

According to the research, which surveyed 2,000 homeowners in the United States, homeownership brings positive feelings, with 91% of homeowners saying ... Read More

Young Adults Low In Financial Literacy

Tue, 30 March 2021  |  financial literacy 

The National Financial Educators Council (NFEC) highlights results from its financial literacy testing data annually and has reported on 119,813 across the past decade.

Over the past year, the NFEC recently asked 7,246 people across all 50 US states to respond to a test measuring their current personal finance knowledge. The results were broken down into six age groups as follows:

Average score of those aged 10 – 14 years old: 57.41%

Average score of those aged 15 – 18 years old: 65.82%

Average score of those aged 19 – 24 years old: 71.11%

Av... Read More

Black and African American Investors Signal Brighter Outlook Ahead

Tue, 30 March 2021  |  economy demographics 

U.S. investor optimism dipped in the first quarter as unimagined turmoil roiled the nation’s capital and confusion and delays in the administration of COVID-19 vaccines captured public attention.

The Wells Fargo/Gallup Investor and Retirement Optimism Index fell to +26, down 16 points from +42 in Q4. This reversed much of the improvement seen in the fourth quarter as the markets surged following positive news about COVID-19 vaccine trials.

The dip in optimism this quarter was in part due to investors being less optimistic about their household income. Within the index... Read More

Are Neighborhoods The New Workplace Normal?

Tue, 30 March 2021  |  workplace employment 

A Gartner, Inc. survey of 127 finance and corporate real estate (CRE) leaders in February 2021 showed that 59% of respondents are expecting shared office seating for at least a quarter of their employees who return after the COVID-19 pandemic.

“An increase in remote working will meaningfully change office space configurations, which will subsequently affect employees, finances and corporate real estate,” said Tammy Shoham, director in the Gartner Finance practice. “The most obvious consequence is that firms will need less office space per employee. While it is difficult to ac... Read More