Jackson Study Reveals Consumers Anxious About Inflation; Financial Professionals Recommend Diversifying
Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today released key findings from its study on how consumers and financial professionals perceive inflation risk and the associated impacts on retirement income planning.
- Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today released key findings from its study on how consumers and financial professionals perceive inflation risk and the associated impacts on retirement income planning.
- Concerns of inflation affect not only consumers’ and financial professionals’ attitudes, but also their behaviors around lifestyle, buying habits and investment portfolios.
- Overall, predictions for future rates of inflation vary among financial professionals and consumers.
- Research found 26% of consumers believe inflation rates will exceed 5% in the next few years, compared to only 8% of financial professionals.