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Survey: The Impact of COVID-19 on Retirement Planning
A recent survey conducted by retirement-plan provider Fidelity shows a fairly wide swath of impact on individuals’ retirement plans, with more than half attesting to a setback of at least two years. And some report a more more dire impact, noting “… they will need four or more years to get their retirement plans back on track” post pandemic. Of interest to note, though, is that more than a third of the survey respondents expressed more confidence now compared to a year ago that their retirement goals are intact. A post by money reporter Nick Vega on www.cnbc.com provides more background on the subject. Access it here…
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