Financial advisors are not optimistic about their clients’ prospects of enjoying a comfortable retirement.
About 90% of the advisors say 80% of the clients have too little to retire on, according to researchers at Curian Capital L.L.C., Denver.
The researchers commissioned a survey of 1,300 independent advisors.
In other survey findings:
- 69% of the advisors have not changed clients’ portfolios as a result of recent market volatility.