This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Wells Fargo/Gallup Poll: Increased Investor Optimism But Ambivalence About Retirement And Stock Market

Stocks in this article: WFC

The Wells Fargo/Gallup Investor and Retirement Optimism Index rose to +43, a surge of 12 points since March and the highest level in two and a half years. Investors are more optimistic about their ability to maintain incomes over the next 12 months. Optimism is especially high among non-retired investors at +45, the highest in two and a half years. Optimism also increased among retired investors, up 25 points since March to +32.

Investors Split On Whether Stock Market Benefits Average American

Despite higher optimism, over half of investors (54%) say they have not “personally” benefited much from the stock market’s rise: 33% say they’ve benefited “a little” and 21% say they haven’t benefited “at all.” About four in 10 investors (43%) say they have “personally” benefited “somewhat” or “quite a lot” from the stock market’s increase. Investors are almost evenly divided on whether the rising stock market helps the “average” American “by increasing the value of pension funds and 401(k) accounts.” Forty-nine percent say market increases benefit the “average” American while 47% do not. The median age of the non-retired investor is 46 and the retiree is 69; the Index survey was conducted by telephone between May 16 and 27, 2013.

“Investors are ambivalent about whether the rising stock market benefits them. History shows that investors who save and invest regularly based on a plan do benefit from rising stock market values, but at this point, most average investors don’t see a strong connection between the markets and their financial well being,” said John Papadopulos, president of Wells Fargo Retirement.

Real estate is cited by 35% of non-retired investor as their top investment choice for investing with a ten-year horizon out of bonds, equities, gold and savings accounts, while 45% of retired investors say stocks would be their top choice.

1 of 5

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs