Survey: Young people lean conservative on investing

11/1/2010 | Financial Advisor online

Young people, ages 18 to 34, describe themselves as being more financially conservative than older Americans, according to the most recent Merrill Lynch Affluent Insights Quarterly. The report finds more young people are concerned about their long-term investments and health care costs in older age. It also revealed that more individuals are turning to financial advisers for guidance on how to prepare for retirement.

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