Pensive older man with chin on hand (Photo: Shutterstock)

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.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.