Advice from financial professionals appears to be influencing this trend.
Close to one-fourth of retirees surveyed in February indiate they’ll invest in ETFs in the next 12 months, up from 8 percent of retirees surveyed in August. Increased investor confidence helps explain this trend. Retirees also appear more interested in investing in individual stocks than they were six months ago – 47 percent vs. 36 percent.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Advisors are also growing increasingly likely to introduce their retired clients to the products, according to our research. More than 40 percent of retirees surveyed in February say their advisor has discussed the role ETFs can plan in a portfolio, and increase from the 22 percent of retirees surveyed in August who reported hearing about ETFs from their advisors.
In the last six months retirees also report a higher awarness of features associated with ETFs. A larger share perceive ETFs as offering lower costs, diversification and liquidity.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
