Who are the pandemic retirees? - Benefits Pro
Recent research by the St. Louis Federal Reserve found the “Great Retirement” trend was driven by women aged 65 and older. Americans retired early during the pandemic for many reasons, either by choice or were forced to by job loss, fears for their health, or to take care of family members. One factor that has been overlooked is the value of assets such as investments and real estate, which allowed some individuals to stop working earlier than planned. Alex Tanzi reports on the pandemic retirees and how retirement is not necessarily a permanent shift in the U.S. Read Mr. Tanzi’s article here…
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