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"You’re probably seeing a lot of pictures of old people on social media as the latest craze over the 'FaceApp Challenge' has children looking like seniors. This latest obsession of aging yourself may seem like a cool thing to do, but how do people really feel about getting older, asks Ipsos?"
Tag: Financial
Financial Planners to Target Retirement-Planning Americans without 401(k)s
"Buoyed by a growing economy and stock market gains, more Americans are feeling confident about their ability to afford a comfortable retirement, according to a long-running national survey released this week. Still, there are big gaps in confidence between workers who have a retirement plan, such as a 401(k), and those who don't, according to Consumer Reports."
BIA: Local Marketers to Hold Steady on 2019 Ad Budgets
The results of BIA Advisory Services’ U.S. SAM™ Survey of Advertising and Marketing indicate that marketers will continue to invest in advertising formats that generate the best results. For many, those formats are digital and mobile.
Financial Planners to Target the 30% of Americans Who Worry about Debt
In a new survey by GOBankingRates.com, nearly a third of Americans expressed concern that they will not be able to pay off debt in their lifetime. Forty-four percent of Americans said that low income is the top reason for their ongoing struggle with debt. Respondents also reported that high costs of living and the cost of tuition contributed to their debt burden.
Potential Investment Mistakes Scare 69% of Americans
According to a new survey from Ally Invest, the online trading and automated investing arm of Ally Financial Inc., nearly two-thirds of survey respondents (65%) say they find investing in the stock market to be scary and/or intimidating, up from 61% in a similar survey during the same period last year. Fear is highest among Gen Z and millennial consumers: 69% for those ages 18–23 and 66% for those ages 24–37.
Retirement Plan Providers to Appeal to Millennial Business Owners
Despite numerous stereotypes about millennials, a new survey by Nationwide reveals they could be more prepared and supportive of planning for the future than Gen X or baby boomer business owners.
Financial Institutions Can Target College Tuition Payers With Loan Packages
According to the 2018 Allianz Tuition Insurance College Confidence Index, roughly 40% of families find the Free Application for Federal Student Aid (FAFSA) challenging to complete; a troubling statistic considering the growing number of families saving nothing for college. The index reveals a growing "college savings gap," as even parents who have saved have only about a third of what they think a four-year degree will cost. Both groups expect to tap outside sources (including those accessible after filing the FAFSA) to cover 40% of the balance, a significant increase from 2017.
Most Millennials Make Payments Via Smartphone, but Fewer Track That Spending
A new report, released by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business, found there is a financial literacy gap among millennials. The report also found that while most millennials use their smartphones to manage their personal finances, financial technology (fin-tech) does not necessarily improve their personal finance management practices.
Parents with Dependent Adult Children to Seek Financial Planning Advice
The line between childhood and adulthood is blurrier than ever, and as a result, many Americans are delaying financial liberation from their parents. The latest COUNTRY Financial Security Index revealed that more than half of Americans (53%), aged 21 to 37, have received some form of financial assistance from a parent, guardian or family member since turning 21, with one-third (37%) of them receiving money monthly and more than half (59%) receiving money a couple of times a year.
21% of Americans Have Not Started Saving for Retirement
Americans feel under-prepared for the financial realities of retirement, according to new data from Northwestern Mutual. Nearly eight in 10 (78%) Americans are "extremely" or "somewhat" concerned about affording a comfortable retirement while two thirds believe there is some likelihood of outliving retirement savings.
Telecom Industry Fueling Ad Spending Increases Globally
A few studies have come out recently that point to a global slowdown in ad spending by marketers both large and small. Analysts at both Warc and Ad-ology have reported that the initial enthusiasm behind bigger ad budgets in 2012 has been tempered by global economic troubles, especially in the Eurozone and in Syria. A new report from Nielsen goes a step further and informs readers about which sectors are spending the most on advertising.
Millennials to Become Target for Alternative Financial Services
Much has been written about the financial illiteracy among young adults. Then, there’s the poor economic conditions that make it difficult for many folks to put aside money for an emergency. These two facts are combining to make the perfect opportunity for alternative financial services marketers to tap a new client pool.
