Pandemic's impact on retirement savings varies by geography, gender and age
Survey finds certain gaps in retirement savings ability have worsened, new gaps have appeared.
By Alan Goforth|January 06, 2022 at 01:59 PM
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Nearly every American has felt the impact of the pandemic on the ability to save for retirement.
“Retirement is expensive, and Americans were struggling to save enough money for it long before the pandemic,” according to a report from The Penny Hoarder on its recent survey. “The economic turmoil of the pandemic underscored some critical lessons about investing for the long term, including keeping calm during turbulent markets and using market slumps as an opportunity to invest when prices are low.”
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