FIAs Stand The Test Of Market Volatility
March 29, 2021 by Jason Mitchell
With financial anxieties remaining high amid continued market volatility, many Americans are putting more thought into securing their futures, and in doing so, contributing more than ever to their savings. In fact, according to the Federal Reserve Bank of St. Louis1, the average savings for Americans were 13.7% in December of 2020 versus only 7.2% in December of 2019.
The question of how and where to safely invest these additional savings for a reliable retirement pool remains top of mind for those already thinking about retirement, as well as those forced to think about it due to the uncertainties induced by COVID-19.