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Advisors see affordability and retirement uncertainty weigh on clients
A survey of advisors' clients found concerns about both near-term costs and whether Social Security and Medicare will be available in retirement.
Advisors say their clients are entering the midterm election period with broad affordability concerns, according to a survey cited by CNBC Markets.
The survey findings point to worries about short- and long-term costs, along with uncertainty about retirement security, specifically whether Social Security and Medicare will be there when people retire.
CNBC Markets reports that the combination of cost pressures and questions about key government benefits is shaping how clients view their future finances as the election approaches.