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!

Infographic: Wells Fargo/Gallup Investor And Retirement Optimism Index First Quarter 2014 (Graphic: Business Wire)

A majority of investors (57%) also believe the existing retirement vehicles, including the 401(k) and IRA, provide enough options to Americans versus 40% who think more choices are needed. However, this gap widens among those with access to a 401(k)-type plan: 62% say available retirement vehicle options are sufficient; 37% say more types are needed. Among those without access to a 401(k)-type plan 49% say available options are sufficient, and 46% say more types are needed.

“Nine out of 10 investors are telling us the tax deferral status of retirement accounts is something that is important, and they want to be able to put away more money on a tax deferred basis. People respond positively to this incentive, and we need to continue to encourage saving as a country,” added Ready.

Investor Caution about the Stock Market Persists

Given the strong stock market of 2013, investors were asked if looking at their retirement account balances makes them feel more confident about their retirement future. Among all investors, 40% say their outlook for retirement is “no different,” while over a third (36%) report they are “a lot more” or a “little more” confident about the future. When analyzing the responses of retired investors, 40% say their retirement outlook is “a little” to “a lot more” confident than it has been, as opposed to 35% among the non-retired; whereas 36% of the retired and 41% of the non-retired say looking at their accounts has caused “no difference” in their outlook.

Also among all investors, 55% say the “uneven distribution of wealth” in the country is a “major problem” and among non-retired investors, a third (34%) say income inequality will make it “harder” for them to retire.

Despite a bull market in 2013, 62% of investors report that their fears about sustaining significant losses in a repeat of the 2008/2009 stock market downturn have not eased. Just a third (30%) of all investors say that last year’s market gains have made them less fearful of a significant market downturn, which is unchanged since last summer.

“In the past five years of recovering from the depths of our recession, 2013 was a banner year for stocks, but it does not appear to have mitigated the strong skepticism that I think still exists among average investors; investors appear willing to trade off double-digit stock market growth to avoid the risk of bruising losses so many experienced in 2008 and 2009,” said Ready.

2 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
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 17,001.22 -38.27 -0.22%
S&P 500 1,988.40 -3.97 -0.20%
NASDAQ 4,538.5510 +6.4470 0.14%

Brokerage Partners

Rates from Bankrate.com

  • 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