Friday, May 18, 2007
New Study Explores Impact of Emotions on Retirement Investors
Five dominant emotions can influence retirement investors to react to market uncertainty in ways that may not be in their best interest, a new study released today by Prudential Financial, Inc. has found.
The "Behavioral Risk in The Retirement Red ZoneĀ®" research report explores the link between emotions and financial decision-making in investors approaching or in The Retirement Red Zone, the critical investment window five years before and after retirement. The report found that although three of four investors--76%--are affected by their emotions to a moderate or high degree, only one third (35%) believe emotions impact their investment decisions.
New Study Explores Impact of Emotions on Retirement Investors
Source: Business Wire
The "Behavioral Risk in The Retirement Red ZoneĀ®" research report explores the link between emotions and financial decision-making in investors approaching or in The Retirement Red Zone, the critical investment window five years before and after retirement. The report found that although three of four investors--76%--are affected by their emotions to a moderate or high degree, only one third (35%) believe emotions impact their investment decisions.
New Study Explores Impact of Emotions on Retirement Investors
Source: Business Wire