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How the Pandemic is Stressing Retirement Plans
From curtailment of planned savings to the need to draw Social Security benefits earlier than originally planned, it’s clear that the COVID-19 has had a substantial–some would say dire–impact on Americans’ retirement planning efforts. As pointed out in a U.S. News &World Report article appearing on wtop.com, “It’s difficult to focus on financial preparations for retirement when you are facing more immediate financial concerns and worried about the future.” The article discusses the events that are creating the stress, and offers thoughts on weathering the storm. Read the post here…
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