Kiplinger\'s Personal Finance 02.2020

02/2020 KIPLINGER’S PERSONAL FINANCE 55

No stocks 6 %

10% or less 20 %

25% or less 40 %

50% or less 28 %

DELAYING RETIREMENT

More than one-fourth (27%) said a downturn in the value of their

investments would cause them to consider delaying retirement.

Among those respondents, we asked:

MARKET VOLATILITY

AND SOCIAL SECURITY

Yes

No

Not sure

24 %

51 %

26 %

Nearly half of respondents would consider reducing

investments in stocks to deal with market volatility.

Here’s how much they’d trim stock holdings:

How low would you go in

your allocation to stocks?

How much would your investments need to

decline for you to consider delaying retirement?

How long would you be willing to delay retirement

to give your investments time to recover?

At what age do you plan to claim Social Security?

Would you consider taking Social Security earlier

than planned to give your portfolio time to recover

from a downturn?

What would you do to deal with market

volatility during retirement? (top five)

LOOKING AHEAD

TO RETIREMENT

Which of the following investments

have you increased (or would you

increase) in a volatile market?

Savings accounts 53 %

Money market funds 39 %

Certificates of deposit 34 %

Annuities 19 %

U.S. Treasuries 15 %

Gold 10 %

THIS SURVEY WAS CONDUCTED BY QUALTRICS BETWEEN OCTOBER 17 AND OCTOBER 21, 2019.

11 %

15 %

39 %

26 %

6 %

Age 6 2

70 or later

68-69

63-65

66-67

Less than 25% 36 %

25% to 49% 54 %

1 to 4 years 69 %

5 to 9 years 21 %

%

13%

41 %

33 %

30 %

26 %

23 %

Decrease

spending

Reduce

investments

in stocks

Seek

professional

advice

Work
part-time

Downsize