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Here's How COVID-19 Is Affecting Near-Retirees' Outlook

May 31, 2020 - Nasdaq

It's no secret that COVID-19 has been hammering the economy since cases started multiplying back in March. Not only have investment portfolios dropped, but retirement plan values have sunk across the board. In light of that, it's not surprising to learn that 89% of employed and recently laid-off workers who are planning to retire within the next decade are worried about the financial impact COVID-19 will have on their plans. That's the latest from a Personal Capital survey, which also found that...