Retirement Expectations Post-COVID

Page 1

2/18/22, 11:38 AM

Retirement Expectations Post-COVID - Sylvester Knox | Professional Overview

U

a

Retirement Expectations Post-COVID by Sylvester Knox | Feb 18, 2022 | Personal Finance, Retirement

Since the pandemic started, many people have focused on the future and the changes they’ll have to make in their retirement plans. Although the pandemic has affected some people’s financial status, many others have been able to maintain their savings. They’ve also withdrawn some of their funds to pay their bills. Ups and Downs A study conducted by Fidelity Investments in 2021 revealed that more than two-thirds of American workers believe that the pandemic affected their retirement plans. Of those respondents, 33 percent predict it will take three years to get back on track after the pandemic. Although many of them are still facing financial issues, most of the respondents are confident that they can still retire comfortably. Melissa Ridolfi, a senior vice president at Fidelity Investments, noted that it’s good to see that the retirement plans of Americans are still sound. Despite the challenges they’re facing, the https://sylvesterknox.net/retirement-expectations-post-covid/

1/3


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.