F&G's Fourth Annual Risk Tolerance Tracker Finds Inflation May Be Easing, But Inflation Fears Aren't
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Majority of American Investors Continue to Be Risk Averse, Worried about Retirement Income and Feel Like Their Financial Safety Net Has Been Taken Away
Inflation is just one reason why American investors are nervous, according to the tracker, which asked American investors how the events of 2023 have impacted their views on their retirement and risk. Seventy-eight percent of investors said they are more risk averse in 2023, which is consistent with 2022 (
In addition, this year's tracker showed a majority of American investors (
Need For Financial Advice
This year's Risk Tolerance Tracker also revealed that while American investors expressed a variety of worries related to their retirement, a majority (
"Our fourth annual Risk Tolerance Tracker finds that while American investors are increasingly more distressed about their financial futures than they were at the height of the pandemic, many are still not taking action to address their concerns," said Chris Blunt, President & CEO of F&G. "Even with these worries, financial advisors continue to be underutilized. Regardless of what is happening in the world, financial advisors are a much-needed resource and key relationship to achieve ongoing financial wellness, sound retirement planning and a tailored mix of products to suit unique needs and goals."
The Annuity Opportunity
Over two in five investors (
What's Keeping Americans Up At Night
Besides inflation, when it comes to their financial futures, Americans note they are also worried about the next presidential election (
Amid Inflation Fears, Americans Look For Extra Cash
The survey also revealed that this period of record inflation has many looking for ways to supplement their income. In fact, the tracker found an increasing number of Baby Boomers are open to other ways to supplement their main source of income (
Survey Methodology
This survey was conducted online by Directions Research, independently recognized as one of the nation's leading business decision insights firms. The survey was fielded from October 10 to 20, 2023, among a nationally representative sample of 1,644
About F&G
F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in
1 To qualify for the survey, respondents had to be age 18+, have sole or shared financial decision-making responsibility for their household, and own financial products valued at
Media Contact
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SOURCE F&G Annuities & Life, Inc.
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