Americans Saving for Retirement Much Earlier Than Previous Generations
August 17, 2021 by Alex Padalka
Most American workers have had to make financial adjustments in the wake of the Covid-19 pandemic, but the majority managed to keep on track saving for retirement, according to a new report.
Forty-three percent of employees surveyed late last year experienced one or more negative impacts on their employment in the wake of the pandemic, such as reduced hours (cited by 27% of respondents), reduced salaries (14%), furloughs (10%) and early retirement (4%).
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Originally Posted at Financial Advisor IQ on August 12, 2021 by Alex Padalka.
Categories: Industry Articles