15% of Workers Are Delaying Retirement Because of COVID-19. Should You?
When the coronavirus outbreak first hit, a lot of people saw their worlds turned upside down. Not only did the economy shed millions of jobs within weeks, but many people who didn't get laid off encountered added expenses or some degree of income loss that impacted their finances in a negative way.
Now, 15% of Americans say they're postponing retirement because of the pandemic, according to a recent Nationwide survey. But should you plan on doing the same?
In March 2020, investors experienced their first bear market in more than a decade. As the pandemic took hold, stock values rapidly plunged, sending many investors into a panic.
Source Fool.com
