Is it Time to Refinance Consumer Debt?

With several rate hikes on the horizon, inflation weighs heavy on the minds of most investors. Yet, over two-thirds of individuals with debt are not planning to refinance or consolidate their debt in the next year. That presents a valuable financial planning opportunity for advisors. Half of Gen Zers and Millennials, those carrying the most student loan debt burden, are considering working with financial advisor this year according to a recent D.A. Davidson survey.  My guest today, Andrew Crowell, will outline how advisors can help investors capitalize on consolidation and refinancing opportunities ahead of rising rates, better understand the impact of inflation and rising rates, and set achievable financial goals.