Americans' interest in financial advice is growing, but overall, remains dangerously low, according to a survey by TIAA-CREF.
The number of those who are interested in receiving financial advice increased to 35 percent from 24 percent in a 2013 survey. But that still left about two-thirds (65 percent) of those surveyed who said they were not interested in receiving such advice.
That number may be so high because of a general lack of understanding of what financial advice is. The study found that only 57 percent of those not interested in advice are aware that it can include specific recommendations.
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