Type of Content: News

Subtype: Website Post

Resource Title: Has COVID-19 Pushed More People into Retirement?

Publication Title: Market Watch

Publish Date: April 20, 2021

The bottom line is that while recessions hurt older workers generally, low earners — not surprisingly — suffer more than their higher-earning counterparts. And, low earners, as a group, fared slightly worse in the COVID Recession than they did in the Great Recession. The interesting result is that high earners (ages 62+) retired in greater numbers during the COVID Recession than they did in the Great Recession.

Has COVID-19 Pushed More People into Retirement?