Many Americans could use advice from a professional about how to navigate their finances. The financial aftershocks of the pandemic are still affecting both people who have retired and those in the workforce.
In the latest Retirement Risk Readiness Study, 63% of non-retired respondents said they fear running out of money more than death, while just 46% of retirees had the same fear. Both groups would benefit from the guidance of a financial professional to take the necessary steps to mitigate risks to their retirement security.
The new study from Allianz Life surveyed three categories of Americans to get different perspectives on retirement: pre-retirees (those 10 years or more from retirement); near-retirees (those within 10 years of retirement); and those who are already retired.