Articles from Allianz Life Insurance Company of North America

Americans are more optimistic about the economy than they have been in years even as the effects of inflation linger, according to the 2024 Q4 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America (Allianz Life).

More Americans intend to focus on financial stability in the coming year than they have in the last decade, according to the 2025 New Year’s Resolutions Study* from Allianz Life Insurance Company of North America (Allianz Life).

Allianz Life Insurance Company of North America (Allianz Life) announced today that its in-plan annuity solution will be available through the nation’s second-largest retirement plan provider, Empower. Allianz Lifetime Income+® will be the first fixed index annuity on Empower’s platform and the agreement will help offer millions of Americans the opportunity to create retirement income streams that are guaranteed for their lifetime.

The majority of Americans are working toward paying off debt and many worry that their debt will affect their financial future, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life).

Many Americans lack a plan for how they will draw from their retirement savings for income in retirement and worry about the funds lasting for their lifetime, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life).

Following recent market volatility, the majority of Americans want to reduce risk in their financial strategy and bolster their portfolio against future volatility, according to the 2024 Q3 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America (Allianz Life).

While Social Security is a significant part of a retirement strategy, the majority of Americans lack knowledge about the benefit, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life).

The majority of American are anxious about the effect extreme weather could have on their financial future yet few are talking about it with a financial professional, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life).

With the market making steady gains across the first half of the year, Americans are feeling more comfortable with the economy and less nervous about investing, according to the 2024 Q2 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America (Allianz Life).

Gen Xers, who are mostly in their late 40s and 50s, are approaching an important time in preparing to retire. Yet, Gen Xers are feeling less confident than ever about their finances and more worried about retirement than boomers or millennials, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life).

Americans’ view of retirement is shifting as nearly half of Americans think about retirement as a slow transition away from full-time work rather than a distinct day in the future to leave the workforce, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life).

Nearly two in three Americans say they worry more about running out of money than death with concerns about inflation, Social Security and taxes contributing to the fear, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life).

Ongoing inflation has set back Americans’ ability to prepare for their financial future by causing them to reduce savings, take on debt and withdraw from retirement accounts, according to the 2024 Q1 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America (Allianz Life).

Allianz Life Insurance Company of North America (Allianz Life) announced today that its newest accumulation-focused product, Allianz Accumulation Advantage+TM Annuity, is now available.

Allianz Investment Management LLC (AllianzIM), a wholly owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life®), announces the net asset value (NAV) per share of the below exchange traded fund was restated as shown below:

Women are taking on more financial responsibility, according to the 2023 Women Money Power Study* from Allianz Life Insurance Company of North America (Allianz Life).

Less than half of Americans think the economy will improve in 2024 while many Americans are keeping more money out of the market, according to the Q4 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz Life).

More Americans plan to put an emphasis on their finances in the new year as inflation and rising interest rates affect their long-term financial outlook, according to the 2023 New Year’s Resolutions Study* from Allianz Life Insurance Company of North America (Allianz Life).

Even as American consumers navigate a new retirement reality characterized by market volatility, inflation and recurrent financial crises, the majority of Americans are not employing the guidance of a financial professional to create their strategy, according to the Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz Life).

As present fears about a big market crash or recession persist, Americans also are increasingly worried about taxes on retirement income from 401(k)s and IRAs increasing in the future, according to the 2023 Q3 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz Life).

The Allianz Life Insurance Company of North America (Allianz Life) 2023 annual consumer survey of Americans’ views on retirement planning found that diverse Americans are re-engaging with professional financial advisors in 2023, rebounding from a drop reported in 2022. Allianz Life found that 36% of Black Americans reported having a professional financial advisor in 2023, up from 24% in 2022. This is a reversal of the previous year, which saw Black usage of professional financial advisors decline from 38% in 2021, to 24% in 2022. Hispanic investors report similar shifts in working with a professional financial advisor, rising from 35% in 2022 to 42% in 2023, after falling from 44% in 2021.

Allianz Life Insurance Company of North America (Allianz Life) announced that it has signed on as sponsor of five Olympians and Paralympians – Ashleigh Johnson, U.S. Olympian – water polo, Chuck Aoki, U.S. Paralympian – wheelchair rugby, Ian Seidenfeld, U.S. Paralympian – Para table tennis, Matt Stutzman, U.S. Paralympian – Para archery, and Regan Smith, U.S. Olympian – swimming. All five athletes are hoping to represent Team USA at the upcoming Olympic and Paralympic Games Paris 2024.

A growing number of Americans are interested in adding an annuity to their employer-sponsored retirement plan like a 401(k), according to a new study* from Allianz Life Insurance Company of North America (Allianz Life).

As inflation cools, the majority of Americans say rising interest rates have hurt their finances in the last year. Three in five Americans (61%) say they have taken a financial hit due to rising interest rates in the last 12 months, according to the 2023 Q2 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz Life).

The dynamics of retirement planning have dramatically shifted as Americans navigate inflation, market volatility, financial crises, fears of bank failures and other challenges. Taken together, these factors have created a new retirement reality that may have fundamentally shifted the long-term outlook for many Americans, according to the latest study from Allianz Life Insurance Company of North America (Allianz Life).

The majority of Americans don’t think they can depend on Social Security for retirement income and worry about their long-term financial stability, according to the 2023 1Q Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America (Allianz Life).

The majority of Americans say present financial issues are more important than preparing for their future. Two in three Americans (67%) say they are more concerned about paying bills right now than saving for their financial future, according to the 2022 Q4 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz Life).

Allianz Investment Management LLC (AllianzIM), a registered investment adviser and wholly-owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life), announced today the reset of its January series of U.S. Large Cap Buffered Exchange Traded Funds (ETFs). The January series includes two ETFs with a 12-month Outcome Period: the AllianzIM U.S. Large Cap Buffer10 Jan ETF (NYSE Arca: JANT) and the AllianzIM U.S. Large Cap Buffer20 Jan ETF (NYSE Arca: JANW), as well as the AllianzIM U.S. Large Cap 6 Month Buffer10 Jan/July ETF (NYSE Arca: SIXJ) with a six-month Outcome Period.

More Americans say their financial situation is worse than a year ago and don’t expect it to improve in 2023, according to the New Year’s Resolutions Study* from Allianz Life Insurance Company of North America (Allianz Life).

Allianz Life Insurance Company of North America (Allianz Life) announced today that its latest guaranteed income product, Allianz Lifetime Income+ Annuity with the Lifetime Income Benefit, is now available in defined contribution plans nationwide.

The impact of 40-year high inflation is hitting savings accounts as a majority of Americans say they are stopping or reducing retirement savings because of inflation. More than half (54%) of Americans say they have stopped or reduced retirement savings due to inflation, according to the 2022 Q3 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz Life). Furthermore, more than four in 10 (43%) say they have had to dip into their retirement savings because of rising inflation.

Despite the significant financial challenges brought on by the pandemic over the past two years, Americans who identify as BIPOC (Black, Indigenous, and People of Color, including Hispanic and Asian/Asian Americans) report receiving less professional assistance than they did a year ago, according to the 2022 Retirement Risk Readiness Study* from Allianz Life Insurance Company of North America (Allianz Life).

With the stock market in bear market territory and inflation at historic levels, Americans are increasingly anxious about the possibility of a recession. Two-thirds of Americans (66%) say they are expecting a major recession right around the corner, according to the 2022 2Q Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America (Allianz Life). This is up about 20% from the same time last year when 48% expressed concern and the highest level of worry since 2018.

As Americans continue to manage their finances during the uncertainty brought on by the pandemic, financial planning with the assistance of a professional is helping them feel more confident about the future.

As world tensions increase and the stock market continues to be volatile, Americans say they are increasingly pessimistic about the economy and stock market performance. In fact, less than half (47%) say they think the economy will improve in the next year, according to the 2022 Q1 Quarterly Market Perceptions Study* from Allianz Life Insurance Company of North America (Allianz Life). This is down from more optimistic times – 54% in Q4 2021 and 66% in Q4 of 2020.

As the United States passes the two-year mark of the COVID-19 pandemic, it’s becoming increasingly clear that there is a significant gap in the financial experience of younger Americans and their retired counterparts. Nearly two-thirds (63%) of non-retirees said they fear running out of money more than death, versus less than half (46%) of retired respondents, according to the new 2022 Retirement Risk Readiness Study* from Allianz Life Insurance Company of North America (Allianz Life).

Allianz Life Insurance Company of North America (Allianz Life) announced today it has received a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. This is the sixth consecutive year the company has been recognized as a top employer for LGBTQ+ employees.

Allianz Life Insurance Company of North America (Allianz Life) today announced that it has signed on as sponsor of two Minnesota-based Olympic Gold Medalists – cross-country skier Jessie Diggins and curling’s Team Shuster, led by skipper John Shuster. Diggins and Team Shuster both helped Team USA secure their first-ever gold medals in cross-country skiing and curling at the Olympic Winter Games in 2018. Both Diggins and Team Shuster will represent Team USA at the upcoming Olympic Winter Games in February.

Despite the start of a new year, a majority of Americans remain worried about market volatility, with over three-quarters saying they expect the market to be very volatile in 2022. These findings from the 2021 Q4 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz Life), underscore the lingering worries around a number of health and economic risks that Americans are facing every day.

Although Americans say they worried most about the COVID-19 pandemic in 2021, rising inflation is now seen as the biggest risk to their retirement plans, according to the annual New Year’s Resolutions Study* conducted by Allianz Life Insurance Company of North America (Allianz Life). Nearly half (48%) of respondents identified the pandemic as the most worrisome threat of 2021, with the rising cost of living following at 38%. However, looking ahead, a full one-quarter of Americans now view rising inflation as the single greatest risk to their retirement plans, more than doubling from 2020 (8%).

Despite being at the highest risk of experiencing elder financial abuse, retirees reported having the least concern that they will become a victim of financial fraud and scams. Less than a quarter (24%) of retirees worry they may become a victim of financial fraud, compared with 42% of pre-retirees and 46% of near-retirees, according to the 2021 Retirement Risk Readiness Study from Allianz Life Insurance Company of North America (Allianz Life).

Socially responsible investing (SRI) has taken its place at the head of the sustainability table according to a new study* released today by Allianz Life Insurance Company of North America (Allianz Life). Ninety-seven percent of Americans revealed that the social responsibility practices of companies, including taking a stance on important issues, making substantial investments in communities, and treating employees well, factors into their investment decisions. This is not just talk either, but is backed by intent to act. Of those not currently investing in socially responsible companies, 53% indicated they are interested in starting.

After a summer of relative calm, Americans are increasingly worried about retirement risks related to market volatility, inflation, and COVID-19, according to a new study from Allianz Life Insurance Company of North America (Allianz Life).

The majority of Americans who identify as BIPOC (Black, Indigenous, and People of Color, including Hispanic and Asian/Asian Americans) believe they won’t have enough saved for retirement (52% Black/African American; 56% Hispanic; 62% Asian/Asian American), according to the 2021 Retirement Risk Readiness Study* from Allianz Life Insurance Company of North America (Allianz Life). While this level of concern compares to that of white respondents (56%), the level of worry from each BIPOC community varies significantly among different ethnicities. These findings, along with perceived barriers to working with financial professionals, confirm the complexity of retirement planning for BIPOC communities and the nuanced approach necessary to help each ethnic group achieve their financial goals.

Allianz Life Insurance Company of North America (Allianz Life) announced today that it has teamed up with Morningstar Investment Management LLC to help individuals allocate their retirement savings to its annuity products through the Morningstar Retirement Manager service. The Allianz Lifetime Income+ Annuity with the Lifetime Income Benefit will be the first Allianz Life product to be added as Allianz Life enters the defined contribution market.

Allianz Life Insurance Company of North America (Allianz Life) announced today that it is entering the defined contribution market with the launch of its Allianz Lifetime Income+ Annuity. The product will be available for adoption in employer-sponsored plans and will give plan participants an innovative guaranteed income option.

In honor of their 125th anniversary, Allianz Life Insurance Company of North America (Allianz Life) today announced a $125,000 matching donation to Midway-area food shelf provider Keystone Community Services. This matching gift will be used to renovate and equip a new 20,000 square-foot Community Food Site in St. Paul’s Midway neighborhood that will help Keystone bring more food and resources to more people.

Although the impact of the COVID-19 pandemic has many Americans feeling more worried about the health of their finances and retirement savings, most are reluctant to discuss these concerns with their financial professional, according to the 2021 Retirement Risk Readiness Study from Allianz Life Insurance Company of North America (Allianz Life).

Perhaps once considered a passing fad, sustainable investing has solidified its place at the investing table and will likely hold that position for years to come, according to a new study* released today by Allianz Life Insurance Company of North America (Allianz Life). In addition, the study found Americans are now turning their attention to financial services and insurance companies with an expectation that they implement sustainable investing standards as part of their standard investing process.

Effective risk management is more important to financial advisors than generating the highest returns in client portfolios, according to the inaugural RIA Retirement Risk Review Study* from Allianz Life Insurance Company of North America (Allianz Life).

Although the economy is showing signs of rebounding from challenges brought on by the pandemic, many Americans are still worried about market volatility and prefer to take a cautious approach to investing. According to the 2021 Q1 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz Life), nearly three-quarters (74%) of Americans believe markets will continue to be very volatile in 2021, up slightly from 72% in Q4 2020. As a result, nearly half (48%) of respondents said they want to stay neutral and not take action in the market – compared to 43% in Q4 2020 and 46% in Q3 2020.

Allianz Life Insurance Company of North America (Allianz Life) announced today it was named a 2021 FORTUNE 100 Best Companies to Work For. The company ranked 52 on the list. This is the 10th consecutive year that Allianz Life has been included on the list as a result to its commitment to company culture, employee development, and diversity and inclusion.