More Retirees Online Than You May Think

November 1999
Journal of Financial Planning;Nov99, Vol. 12 Issue 9, p21
Academic Journal
This article presents a result of a survey conducted by U.S. Department of Commerce about the presence of retirees and soon to retire investors on the World Wide Web in the U.S. The survey found out that there are 15 percent of people age 55 and older browse the Internet for several reasons including the search of financial planning services. another survey found that almost half of all retired and soon to retire investors with 50,000 dollars or more in investable assets are connected online. Eleven percent of them have ever used the Internet to buy or sell stocks and or bonds, and only seven percent have used it for mutual fund trading.


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