A new survey from Equitable shows many investors are rethinking their financial strategies amid an uncertain economic landscape. With shifting prices, policy changes, and market volatility, fewer people feel comfortable staying on autopilot with their money. Only 42% of respondents said they feel prepared to handle changing financial conditions. Around two-thirds worry that today’s economy could derail their long-term goals. In response, half of those surveyed plan to cut discretionary spending or increase savings. Many also plan to review or change their investment mix. The data shows that working with a financial advisor makes a big difference. About 60% of people with an advisor feel financially prepared, compared to just 30% of those without one. Advisors are also the first source of guidance for 80% of their clients. In contrast, those without advisors turn to family, friends, or social media for financial advice. Investors are also showing interest in protection-focused strategies. Nearly two-thirds of stock market investors say they would give up some potential gains for downside protection. Despite the challenges, most respondents are staying engaged. They’re cutting back, saving more, and adjusting their portfolios to stay in sync with a financial environment that keeps changing.
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