How The Pandemic Changes Retirement
The pandemic will very likely speed up the time when people’s healthy life span (or healthspan) is further extended. Impacts to retirement are huge.
The pandemic will very likely speed up the time when people’s healthy life span (or healthspan) is further extended. Impacts to retirement are huge.
Essentially in every crucial area that retirement planning makes assumptions, dramatic changes are coming. I believe that how we think about and plan our retirement is about to be completely undone.
Is moving retirement age to age 70 the solution for retirement funding shortfalls? As we cope with people living longer and longer, still the acceleration of the rate of change is not appreciated. Moving retirement age to age 70 is an incremental idea couched in outdated assumptions.