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It's not just Covid-19 that boomers have to worry about—it's theirretirement, too. Not only are the older members of thisgeneration more at risk from the coronavirus, but the accompanyingmarket panic may also have robbed the younger boomers of theirchance to retire.
A blog post from the Center for Retirement Research atBoston College points out that lots of boomers already had the deckstacked against them because of too little retirement savings, butthey could have been trying to play catch-up in their retirementaccounts by taking on riskier investments—which may now havetanked.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
