Retirement: Before and after COVID-19
The coronavirus crisis may change the way people approach retirement. Retirees across the United States were already overwhelmed and underprepared for their futures before the coronavirus, but uncertainties about the health-care system and economy are making it harder to plan ahead. There may be some relief in sight.
The good news: COVID-19 could spark numerous outcomes that improve retirement security, according to a paper distributed by the National Bureau of Economic Research. Health insurance and pensions may be disassociated from employers, so that people aren’t at risk of losing their insurance or cutting their […]
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