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Latest survey from Thrivent finds widowed women face steep financial challenges following the loss of a spouse.
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Latest survey from Thrivent finds the trend of young adults moving home with their parents – also known as the Boomerang phenomenon – keeps rising. Now, it’s having a profound impact not only on their own financial readiness, but also the financial health of their parents.
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Key findings reveal the current environment—including mounting concerns over the economy, fear of recession and high levels of personal debt—has many Americans feeling like they must prioritize certain financial needs and make difficult choices. This potentially comes at the expense of their personal values and how they may otherwise prefer to use their money.
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Economic conditions, coupled with the 2023 graduation season, are contributing to the trend of young adults boomeranging back to their parents’ homes.
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The 2023 Thrivent Valentine's Day survey found that fewer than 50% of Americans share financial priorities and decision-making with their partner.
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Key findings reveal financial concerns, like persistent inflation and future healthcare expenses, are impacting people’s level of retirement readiness.
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Key findings reveal Americans face challenges in building savings and focusing on financial priorities.
According to a new Consumer Financial Outlook Survey by Thrivent, inflation is pushing many Americans off track financially, getting in the way of saving and impacting their ability to focus on their financial priorities. This is leading many Americans to wish they had more breathing room in their finances.