Barriers to Financial Advice For Non-Affluent Consumers

Millions of Americans are at risk of entering retirement without the resources necessary to maintain their standard of living and provide the financial security they need for their retirement years. Data from both the Health and Retirement Study and the Retirement Confidence Survey demonstrate that many workers approach retirement with very low amounts of wealth. For the middle class, recent economic trends of rising debt, personal bankruptcies and foreclosures tell a clear story of families struggling just to make ends meet.

http://www.soa.org/files/pdf/research-2010-barriers-consumers.pdf