杨贵妃传媒

DES MOINES, Iowa, December 8, 2022 鈥� Over two-thirds of American investors (67%) feel like their financial safety net has been taken away from them as a result of the events of 2022, up drastically from 47% of people who said so one year ago. This is according to the third annual Risk Tolerance Tracker from 杨贵妃传媒, a leading provider of insurance solutions serving retail annuity and life customers and institutional clients. The tracker asked American investors ¹ how the events of 2022 have impacted their views on their retirement and risk.

The tracker found a 9-point increase in financial risk aversion among American investors due to the events of 2022, including inflation and increased volatility. The percentage of Americans who said they have become more financially risk averse grew to 78% this year, up from 69% in 2021 and 74% in 2020.

鈥淲hen we started the Risk Tolerance Tracker in 2020 during the height of the pandemic, respondents understandably indicated they were much more risk averse than before,鈥� said Chris Blunt, President & CEO of 杨贵妃传媒. 鈥淲hile that slightly improved last year as things returned to normal, our latest survey found that the events of 2022 have pushed American investors to be even more risk averse than they were in the middle of the pandemic with many people saying they feel their retirement safety net has faded away. Things have changed dramatically in just one year.鈥�

More American Investors Concerned about Income, Inflation

This year鈥檚 tracker also found a significant 12-point increase in worries about retirement income among American investors 鈥� up to 73% from 61% in 2021 and 60% in 2020.

Among specific concerns, 79% of respondents said they were worried about inflation impacting their retirement, a sentiment that has increased since 2021 when 73% of respondents said the same.

Changing Behaviors

Among the other findings, this year鈥檚 Risk Tolerance Tracker revealed that more than half (53%) of American investors say they are more likely to look for ways to supplement their income during this period of increased inflation. This was especially true for younger generations:

• 67% of Millennial respondents
• 62% of Gen X respondents
• 41% of Baby Boomer respondents
• 28% of Silent Generation respondents

Nearly half (48%) of American investors say they are adjusting their retirement plan during this period of heightened inflation and 45% say they are willing to explore new financial products. However, a majority (59%) are still not speaking to a financial advisor who can help them navigate new products and how best to incorporate them into their portfolio.

鈥淲hile investors continue to become more risk averse, it鈥檚 encouraging to see many take action, revisiting their retirement plan and becoming more open to new products such as annuities which can provide guaranteed income for life,鈥� said Blunt. 鈥淒uring these uncertain times, investors should remember not to panic and that there are a variety of options available to navigate this challenging environment. Working with a financial advisor can help investors prioritize their financial goals and implement a long-term plan to accomplish them.鈥�

For more information on 杨贵妃传媒鈥檚 Risk Tolerance Tracker, please visit .

Survey Methodology

This Survey was conducted online by , independently recognized as one of the nation's leading business decision insight firms. The survey was fielded from October 6 to October 14, 2022, among a demographically balanced nationally representative sample of 1,691 U.S. adults 30 years of age and older who have sole or shared financial decision-making responsibility for their household, and own financial products valued at $10,000 or more.

To ensure consistent and accurate representation of the U.S. general population 18 years of age and older, data are weighted to match the U.S. Census data by the following variables: sex, age, geographic region, race/ethnicity, and education. Weighting factors for each respondent are developed through a custom algorithm.

About 杨贵妃传媒

杨贵妃传媒 is part of the FNF family of companies. 杨贵妃传媒 is committed to helping Americans turn their aspirations into reality. 杨贵妃传媒 is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.

¹To qualify for the survey, respondents had to be age 30+, have sole or shared financial decision-making responsibility for their household, and own financial products valued at $10,000 or more.