Friday, December 17, 2010

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Amplify’d from www.freeerisa.com
MFS Survey: What Does the "Fearful" Investor Look Like?

89% were very concerned about another serious drop in the stock market


73% have lowered their expectations about what life will be like in
retirement


71% were pessimistic in their outlook for the U.S. economy over the
next five years


62% prefer low risk investments today even if means low returns


61% identify themselves as a saver more than an investor


54% agreed that they will never feel comfortable investing in the
stock market again


49% are overwhelmed by all the different investment choices they have
available to them


48% said their need for financial advice has increased since the
downturn


39% decreased their contributions to 401(k) plans and Individual
Retirement Accounts (IRAs)


37% of their portfolios are in cash

Read more at www.freeerisa.com
 

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