Did more older workers retire during the pandemic? - National Association of Plan Advisors
Did the COVID-19 pandemic increase older workers claiming their Social Security benefits? The researchers at the Center for Retirement Research (CRR), using the Current Population Survey (CPS), found the pandemic did indeed result in many job exits among older workers. However, “it had little impact on retirement and Social Security claiming, suggesting that many might want to return to work if the pandemic continues to recede, the researchers found.” Ted Godbout discusses how the results can be interpreted in two ways. Read Mr. Godbout article here…
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