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Three in 10 respondents planning to retire said they were thinking about pushing back their retirement, a recent survey found, showing how the coronavirus pandemic has spurred considerations among working adults to consider retiring later, as the crisis has contributed to a loss of investment value and a reduction in savings. But considerations about retiring later due to COVID-19 varied regionally, according to the report from Edward Jones and Age Wave. More than 30% of respondents in Los Angeles, Dallas and Raleigh said they were considering postponing their retirement start date. That's compared to less than 25% in cities including Portland, Kansas City and Cleveland.
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Mike Scarcella
Mike Scarcella is a senior editor in Washington on ALM Media's regulatory desk. Contact him at [email protected]. On Twitter: @MikeScarcella. Mike works on a slate of newsletters: Supreme Court Brief | Higher Law | Compliance Hot Spots | Labor of Law.
