Key Takeaways Companies are updating their product offerings to cater to the singles demographic Consumer Discretionary and Consumer Staples are among stock sectors that could be impacted When we think of the typical American consumer, we often think about someone who’s part of a family. Our thoughts drift toward the “regular” middle-class family with two […]

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Congratulations! You’ve earned that college diploma and landed your first “real” job. Your parents are happy to have you off their payroll, but now it’s all up to you. Juggling finances can be a challenge for the uninitiated, and the saving and spending groove you slip into now can shape your future financial security. Priority […]

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It looks like more millennials are finally looking to move out of Mom and Dad’s place. Some 67% of a group surveyed by TD Bank said they’re making plans to fly the coop as first-time home buyers in the next five years. More than others, the millennial generation believes that home affordability largely requires buying with […]

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Ready to dip a toe—or maybe both feet—in the real estate market? Are you aiming to become the next Donald Trump one square foot at a time? The appeal of real estate investment to those who understand its risks is growing, largely thanks to a tight rental market and rising rents. Rental rates jumped a […]

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A recent New York Times story posed the question: Is life too hard for millennials? Millennials are the most educated generation, yet they’re earning less, their median net worth is down, and many face decades of student loan payments (see Figure 1). Pair that with the uncertainty surrounding their retirement, and they appear to be […]

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Many investors set financial goals like trying to accumulate $1 million before retirement. But a financial goal that’s all about the money may not be the best way to plan. Rather, some investors find that selecting tangible goals can actually help them reach their objectives. Forming a tangible goal takes the focus off the money […]

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Your salary might not be jumping right now at the rate you’d like, but if long-held economic theory wins out, as the job market tightens, wages will rise. What will you do with that extra moolah? The unemployment rate, as of March, stood at 4.9%—a healthy rate, by most economic standards. That’s considering the impact […]

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Small is huge these days. From tiny houses to minimalist wardrobes, micro is having a moment. The trend has crept into many aspects of Americans’ lives, but there’s one area where there’s still room for improvement. Americans continue to place a lot of pressure on themselves to meet big financial goals. The burden doesn’t have […]

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People work endlessly so they can eventually retire and spend time with their loved ones and kids, but by then, they’ve missed opportunities to take vacations or watch their kids play sports. Too often, the actual use of money isn’t aligned with why people are working so hard to make it. Fess up. Are you […]

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If you’re one of the 8 in 10 Americans who planned to take a leisurely vacation, you probably already know that it will be pricey. Consumers say they will spend an average of $941 per person, or $4,705 for a family of five, on trips this year, according to a recent survey. How will you […]

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