Women Are Controlling the Purse Strings—So Why Aren’t They Confident?

[A version of this article appeared on LinkedIn] It’s not surprising that we in the life insurance industry think a lot about financial security. But this week, as I gear up to speak at two events regarding women and financial security, I’ve been reviewing some surprising numbers about women, money, and confidence. Women have made … Continue reading "Women Are Controlling the Purse Strings—So Why Aren’t They Confident?"

SECURE Act Will Give Retirement Savers a Better Way to Gauge Their 401(k) Accounts

What is your savings worth? Saving for retirement may seem simple: put money aside for later. Yet, how do you know you are on track? 401(k) benefit statements provide plan participants with their current account balance. According to Fidelity Investments, the average 401(k) balance at the end of 2019 was $112,300. For many, that may … Continue reading "SECURE Act Will Give Retirement Savers a Better Way to Gauge Their 401(k) Accounts"

ACLI Capital Challenge: A Fierce Race With Many Winners, Especially Financial Literacy

The ACLI Capital Challenge has been rescheduled to September 24 due to public health concerns caused by the COVID-19 outbreak. For more details, please click here. Three months from tomorrow, the 2020 election will take a backseat to another political race – one that is more crowded, but also more collegial. Make no mistake – the competition … Continue reading "ACLI Capital Challenge: A Fierce Race With Many Winners, Especially Financial Literacy"