Baby boomers are still struggling to move past the volatility they've seen in recent years. So are their advisors.
According to a new MetLife poll, three-fourths of Boomers and almost nine out of ten financial advisors remain concerned about market volatility — defined as sharp swings in value up or down over brief periods — in retirement accounts.
Most Boomers lacked confidence in their investments, and many were interested in portfolio management approaches that could provide more consistent returns, the survey found.
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