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Generation X Far More Ready to take on Responsibility for Retirement Than Boomers
When it comes to retirement preparation and investing, members of Generation X tend to be more worried, are saving more and taking more responsibility for their nest eggs than baby boomers, according to new survey findings from The PNC Financial Services Group, Inc.
Small Business Owners Optimistic on Sales, Profits and U.S. Economy
Small business owners nationwide are increasingly optimistic about their sales and profits amid benefits from lower energy prices and growing enthusiasm about the U.S. economy, according to the new PNC Economic Outlook survey findings.
For America’s Millionaires, Social Issues Beat Politics In An Election Year
Two-thirds (64 percent) of millionaires are concerned about economic inequality in America and most prefer to financially support charitable causes over political parties or candidates, according to the new PNC Wealth and Values Survey. Seven in 10 (69 percent) support charitable initiatives focused on poverty and hunger in America and nearly two-thirds (64 percent) support scholarship and other educational opportunities for children of lower income families.
PNC recognizes that learning in a child's early years is essential for their long-term success. Through Grow Up Great, a $350 million, multi-year, bilingual initiative that began in 2004, PNC provides the leadership, advocacy, funding, tools, and volunteers to help educate parents, caregivers, and communities on how to prepare young children for success in school and life. The initiative has funded innovative early childhood education programs in math, science, the arts and financial education. To date, the program has served more than 1.5 million children.
Recognizing the importance of wise investments, PNC strives to integrate conservation, including water and energy saving technology, into our building practices. Our nationally recognized commitment to green construction has enabled us to lower costs, increase efficiency and productivity as well as enhance the communities where people live, work and play.
PNC's second Financial Independence Survey, which sought insights into the financial mindset of 20-29 year-olds who are establishing their careers in a highly competitive job market in the shadows of the global recession, incorporated the feedback from hundreds of Hispanic respondents. The unique study compares responses within the age and ethnicity group; and among those with and without higher education.