Older U.S. investors show less risk-tolerance than younger peers, with twice as many saying they will shift to less-risky investments over the next five years.
44%
22%
This risk aversion may partially explain the popularity of bonds and mutual funds among U.S. investors:
Bonds
27%
22%
26%
Mutual funds
57%
45%
21%
18%
of U.S. investors also cite less affinity for real estate.