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Even before the COVID-19 pandemic, many retirement-age Americans were concerned about not having enough saved to actually be able to retire. But due to the COVID-19 pandemic, people with retirement on the horizon are not the only ones worried.

Although all the long-term implications of the coronavirus pandemic and recession on retirement security have yet to be fully realized, the financial vulnerabilities among workers across all generations are becoming clear, says a recent study. But it also found that employers can significantly help their employees, no matter how close or far they are to retirement, prepare and meet certain savings goals.

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Heather Nevitt

Heather D. Nevitt is the Editor-in-Chief of Corporate Counsel and Global Leaders in Law.

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