Simsbury, Conn. (Jan. 21, 2003) -- Most Americans say they are concerned that their investment returns will be inadequate to meet their investment goals and may not outpace inflation, according to a survey by The Hartford Financial Services Group Inc.

According to the survey, conducted last month by an independent research firm, more than 74 percent of those surveyed said that their current returns may not be enough to meet their investment goals.

Despite the fact that almost 40 percent said they had shifted as much as half of their investments to fixed-income investments, the same number were extremely or very concerned about these fixed-income investments keeping up with inflation, The Hartford said. Of the people who had made changes in their investments, more than 45 percent had reallocated some portion to money market funds.

When shown a description of a fixed-income investment option designed to outpace inflation, 77 percent of respondents said they would be likely to invest in that type of investment.

-- Electronic Accountant Newswire Staff

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