Financial Wellness
Millennials’ vision of the future looks beyond flying cars
Fifty years ago, Philip K. Dick’s landmark sci-fi novel “Do Androids Dream of Electric Sheep?” envisioned a 21st century of androids, flying cars and space colonies. What happened? Sure, we have Android phones, but what about our flying cars?
Gen X gig economy workers struggling to gain financial wellness, Prudential study finds
NEWARK, N.J., June 26, 2018 - The “gig economy”—which includes everyone from rideshare drivers to freelance graphic designers—has become an important source of income for three generations of Americans: Millennials, Gen Xers and Baby Boomers. However, the financial wellness and retirement preparedness of these gig workers are far from assured—particularly for Gen Xers, according to a new research paper from Prudential Financial, Inc. (NYSE: PRU).
Social Security’s slide: Time to hit the panic button?
Social Security’s announcement that the program will operate at a deficit this year delivers a stark warning to future retirees counting on Social Security as their main source of income.
American workers say financial wellness, retirement security require public policy solutions
American workers rank retirement security above job security, taxes and the cost of college among the top issues they want congressional candidates to talk more about on the campaign trail this year, according to a new survey.
How the Tax Cuts and Jobs Act may affect your taxes
Prudential Vice President of Individual Life Insurance Jill Perlin breaks down how the tax reform act may affect your taxes now and in the future.
Expanded parental leave means more than extra days off
To a newborn, 10 weeks is a lifetime. To his or her parents, it can be the foundation to a better life. Yet, only 14 percent of private sector employees receive any paid time off during this critical bonding period. Fortunately, times are changing. On April 1, Prudential Financial increased the period of 100 percent paid parental leave available to eligible employees and Prudential Advisors financial professionals.
Millennials are slowly finding their economic footing but uncertain of future progress, Prudential study finds
NEWARK, N.J., March 20, 2018 - Millennials don’t share the confidence of baby boomers and Gen Xers who believe they’ll be financially better off than their parents, according to a study commissioned by Prudential Financial, Inc. (NYSE: PRU).
American workers' financial security a job for employers, survey says
More than family, higher education or even government, American workers expect their employers to help them achieve financial security, a new Prudential survey reveals.
Prudential: Financial wellness during ‘America Saves Week’ and year-round benefits employers and employees
NEWARK, N.J., February 26, 2018 - In recognition of America Saves Week and Military Saves Week (Feb. 26 through March 3), Prudential Financial, Inc. ( NYSE:PRU ) is calling on employers to adopt a benefits program with financial wellness at its core to help improve financial security for American workers.
Prudential delivers financial guidance to transitioning veterans
Kylee Durant's husband is one of approximately 200,000 servicemembers who will transition out of the military this year, according to the Department of Defense... For these men and women, the switch to civilian life can present significant financial challenges.