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Most Americans Ill-Equipped in Financial Retirement Planning: MoneyRates Survey

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FOSTER CITY, Calif., Dec. 2, 2020 /PRNewswire/ — Many Americans may be steering the Titanic without a map when it comes to retirement finances. A new MoneyRates.com survey finds a significant portion of the population understands very little about retirement planning and lacks essential information to make the right moves.  

The personal finance website polled 1,000 Americans who are either within 20 years of retirement age or have already reached that age. The results reveal roughly two-thirds of respondents haven't made any kind of projection of how their savings will hold up in retirement.

“A person's savings is a basic building block of retirement planning,” remarks Richard Barrington, MoneyRates' senior financial analyst and author of the survey. “One needn't be a financial expert to take control of retirement planning. People should take the initiative to get the help they need to feel comfortable with their retirement plan.”

Find the full study here: Investor Aptitude: Are You Ready to Manage Your Retirement Finances?

Key survey findings:

  • Most respondents (54.90%) haven't formulated a monthly budget for what they could afford to spend in retirement.
  • About one in four (25.80%) expect their retirement savings would last less than five years.
  • Nearly a quarter (23.10%) say if their retirement savings fall short, they'd simply go back to work again.
  • While just 20.95% of people who haven't started collecting Social Security intend to begin taking those benefits at age 62, well over twice as many – 49.28% – of those who had begun collecting Social Security did so at age 62.
  • A third of survey respondents (33.30%) admit they do not know much about retirement planning concepts.
  • Of the respondents who own stocks, more than a quarter (26.86%) don't know what percentage of their retirement savings those stocks represent.

“Stocks are the riskiest of all investments people own,” adds Barrington, “so it's rather shocking that roughly a quarter of those responding to our survey don't know how much they own in stocks.”

Since these survey results make it clear that many Americans need help with retirement planning decisions, MoneyRates suggests consumers use its resources, such as a retirement savings calculator and a guide on understanding robo advisors for assistance.

Methodology

MoneyRates commissioned a survey of 1,000 people, half aged 65 or above and half between the ages of 45 and 64. Thus, half of respondents had reached the traditional retirement age and half were within 20 years of reaching that age. Questions were designed to explore key retirement-planning decisions people face before and after they retire.

Barrington is available for interviews and can discuss this survey and many other issues related to personal finance.

About MoneyRates

MoneyRates is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance marketplace technologies and services to the financial services and home services industries. QuinStreet is a pioneer in delivering online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. MoneyRates is a member of QuinStreet's expert Research and Publishing Division.

Since 1998, MoneyRates has served as a personal finance resource designed to help readers make the most of their money. In addition to a variety of financial calculators, MoneyRates.com researches and tracks CD, savings, and money market rates offered from over 400 financial institutions across the country to offer expert advice on banking, investing and retirement planning.

Twitter: @MoneyRates
Facebook: www.facebook.com/MoneyRatesdotcom

Media contact

Charlene Arsenault
Media Outreach Specialist
[email protected]
Direct +1-508-832-8918
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SOURCE MoneyRates.com

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McAfee Transforms Security Operations With Launch of Industry First Proactive XDR for Endpoint, Cloud and Network

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McAfee Corp. (Nasdaq: MCFE) today announced the general availability of MVISION Extended Detection and Response (XDR) with inclusion of Cloud, and network telemetry, unifying and optimizing threat detection and response beyond endpoints to allow for faster, more proactive investigation cycles, easier, automated response and continued modernization of todays security operations centers (SOC).

According to Enterprise Strategy Group1 research, more than 80 percent of organizations are planning increased investment in threat detection and response solutions, affirming the heightened need to safeguard against todays crowded threat landscape. Specifically, more than two-thirds of organizations surveyed expect to make an XDR investment in the next 6-12 months and nearly half (48 percent) would be willing to replace individual controls with integrated XDR solutions.

Organizations can no longer afford ineffective disparate threat and response tools and context, said Jon Oltsik, senior principal analyst, Enterprise Strategy Group. With XDR, we are seeing an opportunity to take the SOC as we know it to the next level “ moving from operating in a time and resource intense reactive manner with existing, disparate tools to using a comprehensive and integrated XDR solution that can not only proactively predict mal-activity, but also help drive faster remediation decisions with automation.

Security teams are struggling to replace reactive, manual and time-consuming investigation processes to combat more sophisticated and more frequent attacks “ all while trying to decrease the cost and complexity of overall management, said Shishir Singh, chief product officer, McAfee. MVISION XDR provides proactive and actionable context across key vectors to simplify, accelerate and automate threat validation and response across the enterprise thereby making the most of SOC resources and mitigating potential disruption to the business.

Gartner, Inc., leading research and advisory firm2 states, XDR offerings are a natural evolution of endpoint detection and response (EDR) platforms, which have become a primary incident response tool for security teams. The primary value propositions of an XDR product are to improve security operations productivity and enhance detection and response capabilities by including more security components into a unified whole that offers multiple streams of telemetry, presenting options for multiple forms of detection and concurrently enabling multiple methods of response.

With MVISION XDR now available, McAfee is directly improving the SOC experience. By granting analysts greater control and a more comprehensive view of threat context beyond the endpoint, they can save time and act more deliberately with a better understanding of threats “ before they occur or incur damage. MVISION XDR provides:

  • Proactive and Actionable Intelligence: The included MVISION Insights helps to proactively prioritize threats, implement countermeasures and prescribe the right actions to be taken.
  • AI-Guided Investigations: Simplify investigations across sophisticated threat campaigns with AI-guided investigations, MITRE ATT&CK mapping and real-time hunting.
  • Cloud threat integration: Provides context for web activity and a more comprehensive overview of an attack, including improving visibility of any additional vectors of access or command of control.
  • Network telemetry prioritization: Offers a better understanding of network threats by automatically correlating with curated threats for improved prioritization and determination of counter measures to take.
  • SOC Infrastructure Optimization: Maximize return on SOC investment by integrating with existing SOC Infrastructure like ticketing systems and Secure Orchestration Automation Response (SOAR) tools for more efficient automation and faster mitigation.

McAfee MVISION XDR is available now. For more information, visit McAfee MVISION XDR.

Resources:

About McAfee

McAfee Corp. (Nasdaq: MCFE) is the device-to-cloud cybersecurity company. Inspired by the power of working together, McAfee creates consumer and business solutions that make our world a safer place. www.mcafee.com

McAfee Media Contact

Tracy Holden

[email protected]

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DIC and Jindal Poly Films Reached a Consensus to Collaborate in the Area of Functional CPP Films in India

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DIC Corporation (TOKYO: 4631) has for some time been exploring the possibility of an alliance with Indias Jindal Poly Films Limited, one of the worlds largest manufacturers of biaxially oriented polypropylene (BOPP) film, with the aim of helping to foster a market for functional cast polypropylene (CPP) film in India. Today, DIC announced that the two companies have reached a consensus to collaborate in this area.

India, like other countries, is experiencing a greater need for products with performance features that respond better to environmental concerns and sanitation issues. In the food packaging field, demand is increasing for films with performance features that meet such needs. Of particular note, demand for functional CPP film, which contributes to the realization of reducing plastics, mono-material packaging, is expected to expand in the future.

Anticipating growth in the Indian market for CPP film, Jindal Poly Films entered this business in 2018, at which time it also approached DIC to propose collaboration. Having determined that working with Jindal Poly Films would be an important first step in nurturing demand in the promising Indian market, DIC explored the proposal in detail.

Collaborative initiatives in the following three spheres are under consideration by the two companies, with concrete activities expected to commence within fiscal year 2021 at the earliest:

  • Entering into a technology licensing agreement whereby DIC would extend packaging technologies to Jindal Poly Films;
  • Developing and mass-producing functional CPP film using DIC technologies at Jindal Poly Films plant in India; and
  • Conducting joint sales of functional CPP film manufactured by Jindal Poly Films in India with a view to establishing a joint venture.

Through this business, DIC has sought to provide value to society through the improvement of environmental performance, i.e., by making films thinner to reduce plastic use, and enhancing performance features such as easy peel, which makes packaging easier to open.

Amid growing sustainability-related needs, DIC aims to expand its films business by capitalizing on this collaboration with Jindal Poly Films to introduce advanced technologies cultivated in Japan to the Indian market, which is expected to see significant growth going forward.

DIC Corporation

Manager (PR)

Corporate Communications Dept.

Keisuke Miyake

+81(3)6733-3033

[email protected]

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Global Aronia Berries Market Research 2021-2025 | COVID-19 Market Planning Structure | Technavio

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The Aronia berries market is poised to grow by USD 216.98 million during 2021-2025 progressing at a CAGR of over 3% during the forecast period. Worried about the impact of COVID-19 on your business? Here is an exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour.

Get FREE Sample Report in Minutes!

The report on the Aronia berries market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the health benefits of Aronia berries.

The Aronia berries market analysis includes the distribution channel and geography landscape. This study identifies the increasing demand for superfoods as one of the prime reasons driving the Aronia berries market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The Aronia berries market covers the following areas:

Aronia Berries Market Sizing Aronia Berries Market Forecast Aronia Berries Market Analysis

Companies Mentioned

  • Akron Apple & Aronia Inc.
  • Bellbrook Berry Farm
  • BioActor BV
  • GreenField Sp zoo Spk
  • Maes Health and Wellness LLC
  • Microstructure sp z oo
  • OPG Medic
  • PowerfulBerry.com
  • PPHU Bio Juice Piotr Michalak
  • Sawmill Hollow

Related Reports on Consumer Staples Include:

Global Parsley Market– The parsley market is segmented by product (fresh parsley and dry parsley), geography (Europe, APAC, North America, MEA, and South America), and key vendors. Click Here to Get an Exclusive Free Sample Report

Global Almond Powder Market– The almond powder market is segmented by product (conventional and organic), geography (North America, APAC, Europe, MEA, and South America), and key vendors. Click Here to Get an Exclusive Free Sample Report

Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline – Market size and forecast 2020-2025
  • Online – Market size and forecast 2020-2025
  • Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers “ Demand-led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive landscape

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Akron Apple & Aronia Inc.
  • Bellbrook Berry Farm
  • BioActor BV
  • GreenField Sp zoo Spk
  • Maes Health and Wellness LLC
  • Microstructure sp z oo
  • OPG Medic
  • PowerfulBerry.com
  • PPHU Bio Juice Piotr Michalak
  • Sawmill Hollow

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

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