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Money Talks News: 8 Surprising Truths About Retirement

4. The majority of middle-class Americans aren’t confident in the stock market

According to a Wells Fargo study, 70 percent of middle-class Americans aren’t comfortable investing retirement money in the stock market. When survey respondents were asked what they’d do if given $5,000 to invest for retirement, only 24 percent said they’d invest in stocks – compared to 40 percent who would choose a CD or savings account and another 22 percent who would invest in gold or precious metals.

(iStock)

More from Money Talks News:
8 Social Security Myths Exposed
10 Reasons Your College Major Matters
How to Find an Awful Financial Adviser



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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