F&G says it has evidence that recent events, including the COVID-19 pandemic and social unrest, have made many Americans feel less comfortable about assuming risk.
The Des Moines, Iowa-based life insurer 72% of the participants in a recent risk tolerance survey said recent events had made them less tolerant of risk, and 60% said they were more worried about their retirement income.
- F&G Risk Tolerance Tracker survey resources are available here.
- An earlier article about consumer risk tolerance survey results is available here.
The sample for the online survey included 1,463 adults ages 30 and older. Each participant had to have sole or shared financial decision-making responsibility for a household, and to own financial products with a value of $10,000 or more.
F&G says it wants the survey to be the start of a new Risk Tolerance Tracker survey program.