Fear of Investment Losses Could Take Serious Toll on Retirement
March 8, 2010
AXA Equitable uncovered a dismal outlook for the economy and retirement in "Retirement in America: A Survey of Concerns and Expectations," in which it polled both investors and economists and found a large percentage of both groups bearish on the economy and the stock and bond markets. Twenty-four percent of consumers and 12% of economists believe the economy will continue to be volatile with no clear pattern of improvement. Eleven percent of consumers and 16% of economists believe the nation could sink back into a recession.
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