As family structures in the U.S. have changed significantly over recent decades, so too have the financial concerns of new family configurations.
Only 19.6% of U.S. households today represent married heterosexual couples with children, compared to 40.3% of such traditional families in 1970, according to a new report from Allianz.
Today’s modern family structures create unique pressures that require new approaches to serving each family’s own financial needs.
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Michael S. Fischer
Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.
