Nearly Half of Retirees Say Their Savings Did Not Recover by End of 2020, According to New Survey by The Senior Citizens League

Nearly Half of Retirees Say Their Savings Did Not Recover by End of 2020, According to New Survey by The Senior Citizens League

A recent survey found that Forty – eight percent of retirees with retirement accounts say that their savings have not recovered pre-pandemic levels. All of this adds up to less money for retirement, and greater dependence on Social Security.

WASHINGTON (PRWEB) February 23, 2021

How is the pandemic affecting retirement savings? Forty – eight percent of retirees with retirement accounts say that their savings have not recovered pre-pandemic levels, according to a new survey by The Senior Citizens League (TSCL) . "There’s no doubt about it, the Coronavirus – caused recession is forcing many older adults to rethink retirement plans," […]

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