Only 3 in 10 Americans Are Making This Smart Retirement Move Amid COVID-19
COVID-19 has changed the way we interact with one another, how we work, how we spend our free time, and even how we spend our money. But one thing it hasn't changed for a lot of people is retirement plans. Seven in 10 Americans surveyed by the Alliance for Lifetime Income reported the pandemic has had no impact on their retirement plans thus far.
With everything else going on right now, it's understandable that altering your retirement plan isn't top of mind, but it's something everyone should do when they get a chance, especially if they have been unable to save for retirement recently or have taken early withdrawals from their retirement accounts to help them these difficult times. That changes things. You need a new retirement plan to ensure you don't end up way behind on savings. Here are a few tips on how to do that.
Image source: Getty Images.
Source Fool.com
