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New numbers show that 62% of Americans are more concerned about their retirement today compared to a year ago.
The coronavirus pandemic has not only brought health concerns, it’s also forcing many Americans to take a hard look at their financial future. A new study found 68 million workers say COVID-19 has caused them to reconsider their retirement timeline. Should you retire early or delay retirement as long as you can?
Local financial professional Scott Braddock from Scott Braddock Financial joins us to talk about how the coronavirus is impacting people’s finances and offer advice to help you know when the time is right.
Unemployment claims hit a record high and the U.S. fell into a recession in the first quarter of this year. This employment uncertainty coupled with stock market volatility has many Americans who are approaching retirement worried. New numbers show that 62% of Americans are more concerned about their retirement today compared to a year ago. Most of their reasons are financial. They’ve either had to dip into savings or their retirement funds have lost value and there’s greater concern about how much money they will need in retirement.
The biggest things to do to get …
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