Advisor respondents in Brinker Capital's second quarter "Brinker Barometer" say clients fear they'll never know exactly when they should retire. Sixty-one percent said clients mainly believe their retirement has been placed on hold "indefinitely," that they "will have to work in retirement," and that their "assets will continue to be eroded by poor market performance."
What were advisors concerned about? "Client losses" was No. 1, followed (naturally) by "client anger."
Still, advisors remain confident for their boomer clients as "may have to postpone retirement indefinitely" was the least of their concern at 26 percent.