Almost 20% of Americans 65 and older are still working — the highest level since before Medicare was established in 1965. This amounts to almost 9 million workers who are eligible for Medicare, and the number is expected to grow as about 8,000 baby boomers turn 65 every day until 2030.1–2 Some employers may require [...]
More than seven out of 10 working Americans believe that most people need disability insurance, yet only one out of three actually has disability insurance protection.1 This disconnect suggests the importance of assessing your own situation and determining whether you have appropriate financial backup in the event that you cannot work due to a disability [...]
Employee turnover has become a problem for many small businesses, primarily because it is often difficult and expensive to replace experienced workers who decide to leave. In fact, 57% of companies report that employee retention is now a top concern.1 Making life insurance part of your employee benefit program could be a cost-effective way to [...]
A 2016 survey found that two out of five U.S. households have no life insurance protection. And many households who do have insurance think they need a higher level of coverage.1 The most common reason survey respondents gave for not purchasing life insurance was that it was too expensive, yet consumers tend to overestimate the [...]
It's no secret that the demographic profile of the United States is growing older at a rapid pace. While the U.S. population is projected to grow just 8% between 2015 and 2025, the number of older Americans ages 70 to 84 will skyrocket 50%.1 With roughly 75 million members, baby boomers (born between 1946 and [...]
Mutual funds are still king of the investment world, but exchange-traded funds (ETFs) have become increasingly popular over the last few years. At the end of 2016, more than $2.5 trillion in assets were invested among over 1,700 ETFs. This is equivalent to about 15% of the assets invested in mutual funds. In 2006, ETF [...]
The U.S. trade deficit is a consistent and often controversial topic in Washington and the business community. As the new administration presents policies that might affect trade relationships, this may be a good time to consider some of the facts regarding U.S. imports and exports. Goods and Services Total international trade in goods and services [...]
The U.S. stock market has been unusually calm in 2017, while gradually trending upward. Through July 28, 2017, the S&P 500 gained or lost 1% or more on just four trading days. By contrast, over the same period in 2016, there were 39 such days, with gains or losses of 2% or more on seven [...]
