
2023 was a whirlwind for the U.S. economy, with a number of headwinds—rising credit card debt, slumping housing sales, and the increasing cost of living—offset by a strong job market and robust consumer spending.
Still, many Americans report feeling uncertain about their financial futures, and high-net-worth (HNW) investors are no different. In fact, just 59% of affluent Americans report feeling financially secure in 2023, compared to 72% in 2022. Over 62% worried about their financial future this year, thanks to market volatility and global issues.