The bull market hasn't steadied shaken nerves.
As investors prepare for retirement, more are craving instruments that guarantee income over higher-growth, more volatile options, according to Allianz Life's 2014 Market Perceptions Study.
The vast majority of those surveyed (78 percent) said they prefer the predictability of products that generate foreseeable income streams, like annuities or bonds, to options like stocks that could make them more money.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
