Search
 

Investor optimism sinks to financial crisis levels

Investors are not optimistic about their ability to build and maintain retirement savings, according to the September Wells Fargo/Gallup Investor and Retirement Optimism Index. Nearly two-thirds of investors65 percentsay they have little or no control at all over their retirement savings.

By Paula Aven Gladych | Updated on October 05, 2011

Investors are not optimistic about their ability to build and maintain retirement savings, according to the September Wells Fargo/Gallup Investor and Retirement Optimism Index. Nearly two-thirds of investors—65 percent—say they have little or no control at all over their retirement savings.

According to the index, investor optimism is almost as low as it was during the financial crisis of 2008. The overall index fell to -45, down from +33 in May. In December 2008, the index fell to -49. Its lowest point was -64 in February 2009.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.