This year has been exceptionally difficult for retirement planning, as the COVID-19 pandemic has affected the markets and the economy. Many Americans have experienced financial challenges in 2020: some experienced job losses or were forced into early retirement as a result of the economic downturn, while others had to shoulder the additional burden of childcare costs due to school closures.
If COVID-19 changed how you are thinking about retirement, this article from U.S. News offers some guidance on how to get things back on track as we turn the page into 2021.
This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”). XML is not responsible for any actions taken related to this information.
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