March 15, 2011

ANNOUNCER:
A NEW SURVEY FROM FIDELITY INVESTMENTS FOUND THAT DESPITE MILLIONAIRES’ CONTINUED LOW CONFIDENCE IN THE U-S ECONOMY, THEIR FUTURE OUTLOOK IS THE HIGHEST IT’S BEEN SINCE 2006.  THE FIDELITY SURVEY ALSO FOUND THAT 42 PERCENT OF MILLIONAIRES DO NOT FEEL WEALTHY.  IN ADDITION, MILLIONAIRES’ TOP FINANCIAL CONCERN IS SUPPORTING THEIR LIFESTYLE DURING RETIREMENT.  MICHAEL DURBIN IS PRESIDENT OF FIDELITY INSTITUTIONAL WEALTH SERVICES.

MICHAEL DURBIN, PRESIDENT, FIDELITY INSTITUTIONAL WEALTH SERVICES:
“Although millionaires are inherently optimistic, given their current views of the economy, we were surprised to see them so positive about the future.  That said, given the majority have not fully recouped the money they lost during the downturn, millionaires are worried about retirement, a concern that’s shared by many pre-retirees regardless of whether they’re a millionaire. This only reinforces the importance of having a financial plan.”

ANNOUNCER:
FOR MORE INFORMATION CALL YOUR FINANCIAL ADVISOR OR VISIT FIDELITY DOT COM.  THE SURVEY MAY NOT BE REPRESENTATIVE OF THE EXPERIENCES OF ALL INVESTORS AND IS NOT INDICATIVE OF FUTURE SUCCESS.  NATIONAL FINANCIAL SERVICES LLC AND FIDELITY BROKERAGE SERVICES, LLC, MEMBERS NYSE, SIPC.