Updated Thursday, August 27, 2015 as of 3:24 PM ET

Older Americans Changing Course on Investments

Americans 55 and older have taken the 2008 financial crisis as “wake-up call” and are looking for less risky investment strategies. In a study released by AIG Life and Retirement this week, the 55 and older set said they are far more likely to favor “financial peace of mind” over the pursuit of potentially higher but riskier returns.

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