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Retirement Security in the Wake of COVID-19
It’s becoming clearer and clearer as the coronavirus pandemic tightens its grip on the world, and as the economic turmoil continues to rattle financial markets. Most notably, unemployment is being more widely recognized as a source of retirement planning anxiety, with the National Retirement Risk Index (NRRI)–the index that “measures the share of working-age households which are at risk of losing the ability to maintain their pre-retirement standard of living into their post-working lives”–rapidly deteriorating. Chris Clow, in a post on reversemortgagedaily.com, provides an analysis of this issue. Read it here…