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An Encouraging Outlook on Retirement, Survey Says

What’s your outlook on retirement? According to Edward Jones and Age Wave’s recent survey the outlook is “encouraging”. Nela Richardson, Principal and Investment Strategist with Edward Jones gives us some insight into how Americans are thinking about retirement.

Video Transcript

NELA RICHARDSON: Hello, everyone. I'm Nela Richardson, principal and investment strategist with Edward Jones, bringing you a "Minute Market Update."

If 2020 has taught us anything, it's that it can be hard to predict and prepare for the future. That's true of the day-to-day market highs and lows, the speed and shape of the economic recovery, and what each journey and phase of our lives look like, including retirement.

According to a recent study by Edward Jones and Age Wave, the majority of US's retirees define retirement as a whole new chapter of life-- an encouraging outlook in uncertain times. But to make that new chapter look whole, many investors crave guidance. And that starts with a financial professional. In fact, 84% of Americans working with a financial advisor said that this relationship gave them a greater sense of comfort during the pandemic. Whether it's understanding the intricacies of a stimulus package or finding stability in a volatile market, a financial advisor can serve as a guide, helping people prepare for that next chapter.

For more information on the new nature of retirement, visit edwardJones.com/newretirement.