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How the Pandemic Is Making the Retirement Crisis Worse — and What to Do About It
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Got It, Hide this- Website: Next Avenue
- Resource type: Blog
Summary - The message of this resource is:
The COVID-19 pandemic is causing additional damage to an already fragile retirement environment. As people suffer job losses, people are struggling to pay their routine expenses and cannot put aside money for their retirement. There are some things that can be done though - starting with policy. Read this resource to learn more.
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Keywords
financial planning, savings, pandemic
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Step 1 - Evidence-based
Is this information reliable, based on scientific research?
Step 2 - Transparency
Is it clear who developed the resource and how?
Step 3 - Usability
Is the information easy to understand and easy to use?
Rated on: 6/4/2020 10:27:48 PM
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Related Evidence Summaries
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Determinants of retirement age differ between contexts and populations
BMC Public Health (2018)
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Work-to-retirement transition may be influenced by employment type
Australian Occupational Therapy Journal (2018)
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Financial education may have a positive impact on savings behaviours and record keeping
Policy Research Working Paper (2014)
DISCLAIMER: Web Resource Ratings are provided for informational purposes only and to facilitate discussions with your healthcare providers, family members, or informal care givers. They are not a substitute for advice from your own health care professionals. The Portal is not responsible for the content of external websites, nor is it an endorsement of that website or the site’s owners (or their products/services). The Web Resource Ratings may be reproduced for not-for-profit educational purposes only. Any other uses must be approved by the McMaster Optimal Aging Portal (info@mcmasteroptimalaging.org).
