Pandemic-battered workers change retirement plans — to work longer

By Suzanne Woolley
Published 4 Min Read

Many workers who were hurt by the pandemic are saying they’ll now retire later than planned.

Nearly two in five workers were furloughed or laid off — or had their pay cut or hours reduced — since February 2020, according to the latest annual survey about retirement confidence by the Employee Benefits Research Institute and Greenwald Research. Of those, about a quarter say they now think they won’t be able to retire until later than planned, according to the survey.

Suzanne Woolley
From Bloomberg News

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