New Investor Study: Consumers are Thinking About Inflation and Interest Rate Risk
We recently commissioned a study of 1,000 consumers, aged 59 to 75, with investable assets of at least $250K to help us better understand how people are thinking about risk.
We found:
- The pandemic has caused respondents to focus on their finances, with a majority (66%) working with a financial professional.
- Over 70% are worried about inflation.
- Most feel frustrated by interest rates as they struggle to save for retirement.