Insights | 10.08.21
Americans Fear Pandemic Will Erode Retirement Plans, Survey Says
Americans are increasingly worried that their retirement security is at risk due to rising Covid infections that will lead to a market crash, worsen inflation and give rise to another recession, according to an Allianz Life Insurance survey. 70% of respondents are increasingly likely to say it is important to have some retirement savings in products that protect from market loss. That compares to 64% in the second quarter, the study found.
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