Affluent Americans are so concerned about not having enough money on hand for emergency expenses that they are putting their retirement savings at risk by keeping money in low-yielding products, such as savings accounts, CDs and money market funds.

According to a new poll titled Money on the Sidelines, which was released on Wednesday by MetLife, 58% of investors with $200,000 or more in investable assets cited emergency expenditures as the main reason they kept a portion of their retirement savings in liquid accounts. Of those surveyed, 50% had at least one unexpected expense of $2,000 or more in the past year, and 29% had between two and five major emergency expenditures.

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