Stay updated with breaking news from Progress Study. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
One of the major financial impacts of the COVID-19 pandemic is how it has changed the way Americans view retirement. Most believe they'll need more money to retire on than they previously thought,...
The COVID-19 pandemic has had a major impact on how Americans view work and retirement -- none more so than with younger generations. In fact, they now expect to retire earlier than previously...
Americans' lack of savings has caused financial experts to paint a dismal picture when it comes to retirement. Analysts at Blacktower Financial Management...
Share this article Share this article MILWAUKEE, May 26, 2021 /PRNewswire/ -- In just over a year, so many habits and behaviors have been transformed by the Covid-19 pandemic, and they extend well beyond social distancing, facemasks and working from home. Northwestern Mutual research finds a third (32%) of Americans say their financial discipline has improved during the pandemic, and 95% say they expect their newfound habits will stick after the health crisis subsides. These are the first set of findings from the 2021 Planning & Progress Study, an annual research project commissioned by Nor...
GEN Z: The issue of Social Security Chloe Berg According to a new survey, roughly 1 in 4 younger Americans believe Social Security won’t be available when they retire. According to Northwestern Mutual’s 2020 Planning & Progress Study, about 23% of Gen Z and 26% of Millennials believe there’s little chance they’ll be able to rely on Social Security to fund their retirement. Those numbers are compared to the 7% of non-retired Baby Boomers who similarly believe it is not at all likely Social Security will be there when they retire. Since many retirees are living longer, there are more fu...