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Xers - 1 Gen Xers - 1 that's - 1 Gen - 1 Gen Zers - 1 Anne Lester - 1 “ - 1 ” - 1
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Northwestern New Berlin , Wisconsin Toronto Lexington , Massachusetts
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Allianz Life - 2 CNBC - 1 Fidelity Investments - 1 Allianz Life Insurance - 1 Consumer - 1 U.S . Federal Reserve - 1 Morningstar - 1 FDIC - 1

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2 mentions found


☆ Gen X says they'll need more than $1.5 million to retire comfortably—but most have less than 5% of that saved
  + stars: | 2024-06-29 | by ( Cheyenne Devon | ) www.cnbc.com   time to read: +1 min
For Gen Xers in their 40s and 50s, retirement may be right around the corner. On average, Gen Xers believe they will need around $1.56 million to retire comfortably, according to Northwestern Mutual's 2024 Planning and Progress study. Retirement saving obstaclesA few factors have prevented members of Gen X from setting aside more money for retirement. "When Gen Xers started working, they had to choose whether they wanted to enroll in their company's 401(k) plan," she tells CNBC Make It. How Gen Xers can boost their retirement savings
Persons: Xers, Gen Xers, that's, Gen, Gen Zers, Anne Lester Organizations: Allianz Life, CNBC, Fidelity Investments Locations: Northwestern
☆ YOUR MONEY How to get high rates to work for you
  + stars: | 2023-07-17 | by ( Chris Taylor | ) www.reuters.com   time to read: +4 min
July 17 (Reuters) - There is no doubt that higher interest rates are hard on a many people – especially if you are taking out a loan on a home or a car, or are struggling to catch up with credit-card debt. But for some, steep interest rates are not actually bad news. In fact, 38% of people say they have benefited from higher interest rates during the past year, according to a new survey from Allianz Life Insurance. “That’s the dichotomy: Higher interest rates are both crushing some people and benefiting others at the same time,” says Kelly LaVigne, vice president of Consumer Insights for Allianz Life. That means if you have some savings set aside, it is time to think about how to flip this negative of higher interest rates into a positive.
Persons: “, ”, Kelly LaVigne, Amy Arnott, Morningstar, Arnott, Rowe, Baird, Jeremy Keil, Keil, George Gagliardi, Lauren Young, Aurora Ellis Organizations: Allianz Life Insurance, Consumer, Allianz Life, U.S . Federal Reserve, Morningstar, FDIC, Bills, CIT Bank, BMO Alto, Citizens, Financial, Thomson Locations: New Berlin , Wisconsin, Toronto, Lexington , Massachusetts
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