MetLife: Nervous Investors Need 'Defense' in Retirement Plans

Investors worried about outliving their money should add some 'defense' to their financial plans, said Jill Williams, Sr. Financial Planner for MetLife Premier Client Group. A recent MetLife Financial Planning Perspectives Poll showed 75% of the mass affluent investors surveyed have financial plans that may be at risk. The majority of those polled are taking an ‘offense-only’ approach to retirement planning, neglecting to add more cautious asset classes like insurance and in some cases annuities. Meanwhile, nearly three in four of those surveyed say they believe they are on the right track in for retirement.