For many Americans, it’s clear that their dollar doesn’t go as far as it used to. Inflation remains elevated, interest rates are still high, tariffs are raising certain prices and we continue to hear about an impending recession. A survey from Equitable reported that only 42% of Americans say they feel prepared to handle today’s financial challenges, and more than two-thirds worry the economy could knock their long-term goals off track.
The divide appears when you look at who has help and who does not. According to the survey, those who have a financial advisor feel twice as prepared as those without one. People are stressed, but planning and guidance help them feel more grounded.
