WASHINGTON — If given a choice, a majority of adults would choose to receive financial advice over that of a personal trainer, interior designer or fashion consultant, according to a new survey.
The survey was conducted by the Artemis Strategy Group for the Securities Industry and Financial Markets Association through a telephone poll of 1,001 nationally representative respondents on Sept. 21-23. Fifty-three percent said they would choose to receive financial advice. If told they need to save more money now to maintain their lifestyle in retirement, nearly half (46%) said that they would ask a financial advisor to "tell me what I should do" and nearly one-third replied "make the process easy for me."
Other highlights from the survey found younger people ages 18-34 are the most likely to admit to feeling "clueless" about saving for retirement. Nearly a third of American adults surveyed continue to describe themselves as either "apprehensive," "panicked" or "clueless" about their retirement preparedness.
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