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Buyer’s Remorse Is the Latest Millennial Trend Among Homebuyers

Homeownership is supposed to be one of the great “adult” milestones: car, full-time job, marriage, home, family. And among baby boomers and Generation X, this has largely been true, but millennials are not experiencing the same satisfaction and pride previous generations have found when purchasing a home. According to a recent report from St. Louis, Mo.-based Clever Real Estate, homeownership is stressing millennials out, a lot.

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How to Build Your Nest Egg

By Jeff Goble

We bankers are often asked questions about retirement planning from our customers, and one of the most often asked questions is, “When should I start, and how exactly do I do it?” Here is a resource for you written by Jeff Goble, chief market strategist for Country Club Bank in Kansas City, Mo.

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Education Costs Impact Retirement Savings

Education is a top retirement savings roadblock, according to results from E*TRADE’s latest quarterly StreetWise tracking study of experienced investors. Tied with rent or mortgage, education expenses, including student loans, are one of the biggest barriers when it comes to saving, with six out of 10 young investors choosing it first or second. In fact, concern about these costs has increased nearly 20 percentage points over the past four years.

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What Do Clients Value in Their Investment Advisors?

According to a recent survey by the Investments & Wealth Institute, 91 percent of investment clients are somewhat or very satisfied, and 89 percent of clients are somewhat or extremely likely to continue to work with their current advisor. The vast majority of advisors are providing a high level of satisfaction with their high net worth clients. However, while those findings as positive, the research suggests that having satisfied and loyal clients isn’t enough to set the advisor apart from most other advisors available to clients. The study highlights several key capabilities that distinguish exceptional advisors from their peers.

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Americans More Willing to Skip Credit Card Payment than Vacation

With the pricey summer travel season fast approaching, 48 million Americans say they would skip a credit card payment before they’d skip a vacation, according to a new survey from the personal-finance website WalletHub. That’s roughly 1 in 5 Americans who are willing to trade in the grace period on their credit card and pay sky-high interest rates just to get way for a while.

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