Client-Centered Guidance for Uncertain Economic Times

How are financial advisors guiding clients in this current economic environment, with high inflation and a possible economic downturn—or at least an economy that could be a lot better?

With prices for gas, heating, electricity, and food on the rise, many household budgets are stretched thin. Additionally, the impact of still-elevated real estate prices and decades-high mortgage rates has caused many who were considering moving to a larger home to pause their plans.

Moreover, the outlook for the economy means potential layoffs and lower wage hikes. And, of course, the economic situation, combined with inflation, is hitting retirees and their sources of income.

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