American workers are so worried about what market turbulence could cost them that they're staying away from investing.
That's according to the 2015 Market Perceptions Study from Allianz Life Insurance Company of North America, which also found that workers are increasingly interested in financial products that guarantee returns—moreso than in products that offer higher return potential, but also greater loss potential.
Thirty-seven percent of respondents cited "fear of market uncertainty" as the reason they wouldn't invest, if they had the extra cash available to do so.
Although that's marginally fewer than those who said the same in 2014—when 40 percent cited that as the reason—it's still the top barrier to investing. Other reasons workers say they'd stay away from the market include "lack of reliable financial guidance (23 percent) and "today's low interest rates" (21 percent).
At the same time, their interest in products that offer guarantees is growing.
