May 26, 2017

Protect paychecks against the unexpected

You helped friends move their furniture; now you can’t move. That could cost three paychecks.
 

May 24, 2017

On graduation day, students dream big, face down debt

Caps and gowns, hugs and hurrahs, flowers and camera flashes filled the plaza outside The Prudential Center in downtown Newark, N.J., following a recent Rutgers University-Newark commencement ceremony. Many of the Class of 2017 acknowledged the sacrifices made to get them there. Those with student loan debt, however, discussed the sacrifices they have yet to make.

May 19, 2017

Striving to achieve financial wellness for American families

If you were hit with a financial emergency today, like an unexpected medical cost, a car repair, there’s a good chance you couldn’t cover it. In fact, according to a new Prudential report, more than 60 percent of Americans don’t have enough savings to cover a $500 emergency.

May 12, 2017

Beware the health care costs of living longer

Rethinking our ideas behind how—and how much—we need to save for health care in retirement is the main concern of Retirement Planning: Coping with Higher Health Care Costs,” recently published in the Journal of Financial Service Professionals, authored by Prudential’s Brett Berg, an Individual Life Insurance vice president focused on advanced markets, and Dr. Robert Pokorski, vice president and medical director and an internationally renowned expert on longevity.  As advances in nutrition, medicine, and healthy living have extended our average lifespans, a new problem has metastasized—we are outliving the assets we put aside to pay for geriatric and end-of-life care.

May 08, 2017

Don't call her half-hearted: 11-year-old comforts other children through their heart surgeries

Lorelei McIntyre-Brewer is among 10 middle and high school students named the top youth volunteers of the year at Prudential’s 22nd annual Spirit of Community Awards in Washington, D.C. The ceremony was part of a four-day event, where the top two youth volunteers from each state and the District of Columbia came to the nation’s capital to be recognized for their acts of community service.

April 27, 2017

Prudential employee volunteers donate time worth $1 million to communities they serve

Prudential’s support of volunteerism has resulted in employees donating more than 69,000 hours of service in 2016, an increase of 36 percent over the prior year. Last year alone, Prudential’s volunteerism resulted in nearly $1 million in value to communities.

March 22, 2017

A cautionary retirement tale

More than two in five Americans inaccurately assess their retirement preparedness, perhaps worrying more than they need to, or not being concerned enough about how much money they’ve saved, according to the Center for Retirement Research at Boston College’s latest National Retirement Risk Index research, sponsored by Prudential.

March 15, 2017

QMA: Some like it hot - fiscal policy, inflation and the role of real assets

Of all the variables the new U.S. administration brings for investors, one of the trickiest to plan for is inflation. Inflationary pressures were already building before the election ushered in the prospect of a sweeping agenda of pro-growth fiscal and de-regulatory policies. QMA says one common way to hedge against inflation is to diversify portfolios with exposure to real assets. In Some Like it Hot, QMA analyzes historic returns during normal and above-average periods of inflation and makes the case for an allocation to real assets.

March 10, 2017

PGIM: Longevity and Liabilities: Bridging the Gap

The rise in global life expectancy, based on recently updated mortality tables, could dramatically increase longevity risk for pension liabilities over the next 20 to 30 years, potentially worsening a plan's risk profile, reducing funded status and leading to unforeseen costs. In Longevity and Liabilities, PGIM explores how defined benefits plans can mitigate the threat of growing liabilities.