Investors are looking for more market turbulence in the year to come, and to retirees that signals a threat to their short-term financial goals.
That’s according to the latest Wells Fargo/Gallup Investor and Retirement Optimism Index survey, which found that three quarters of investors see market turbulence ahead, including 16 percent who say it will be “highly volatile.”
Of those who anticipate market volatility, six in 10 investors (59 percent) are getting ready for it by talking with a financial advisor (44 percent), buying stocks to take advantage of lower prices (30 percent) and selling stocks to protect from further losses (15 percent).
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