Keyword used: Top wealth management firm Flemington nj
Post-Crisis America Takes Less Risk with Retirement Funds
Prestige Wealth Management Group is dedicated to keeping clients informed with the latest
developments in industry news.
This month, the...
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Keyword used: Top wealth management firm Flemington nj
Post-Crisis America Takes Less Risk with Retirement Funds
Prestige Wealth Management Group is dedicated to keeping clients informed with the latest
developments in industry news.
This month, the company discusses a post-crisis America taking
less of a risk with retirement funds.
According to new research presented by Spectrem’s
Millionaire Corner, the financial crisis of 2008 has left its mark on investors saving for
retirement through employer-sponsored retirement plans.
Before the financial crisis of 2008, investors were able to allocate 16 percent to liquid and stable
money market funds, while investing 40 percent of their 401(k) retirement assets in diversified
equities and 19 percent into company stocks.
Since the crisis, investors have reduced their
exposure to diversified equities to 36 percent and company stocks to 13 percent, while allocating
a greater share to money market funds.
Lower levels of confi
Less
