Investors Better Prepared for Retirement, Still Lacking Financial Knowledge
Targeted News Service |
"IRI research has consistently shown that planning for retirement with the help of a financial advisor leads to better outcomes and more confidence," IRI President and CEO
Other key findings from the report:
Investors have considerable retirement savings, with 72 percent having at least
62 percent of investors work with a financial advisor.
Retirement planning is the most discussed topic when investors consult a financial planner.
Nine in 10 investors say tax deferral is an important trait of an investment.
Investors are most knowledgeable about stocks and mutual funds, but only 46 percent of investors indicated that they are highly knowledgeable about these investments.
Nearly four in 10 investors own annuities.
One in 10 investors do not know when they will retire, and 18 percent plan to work until age 70 or later.</p>
About two-thirds of investors rebalance their portfolios at least once per year.
The IRI findings are based on a survey of 800 investors, aged 23 and older, with at least
Click here (http://goo.gl/miHBr9) to access the complete report.
TNS 24HariRad-140821-30FurigayJane-4833990 30FurigayJane
Copyright: | (c) 2014 Targeted News Service |
Wordcount: | 341 |
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