A poll by OnePoll and Human Interest found that 71% of Americans said the COVID-19 pandemic changed their target retirement age.
Seven in 10 Americans said the pandemic changed their target retirement age, a recent survey found.
People who rated their pandemic experience as “very difficult” were also more likely to aim to volunteer for a group, nonprofit, or other organization leading up to full retirement . Two-thirds of all respondents said they had a somewhat or very difficult time during the pandemic.The survey was conducted by OnePoll, the market research division of SWNS, and was commissioned by a provider of 401 and 403 plans.
The survey found that 71% of those who had a “very difficult” time now plan to retire later in life.The research also showed major differences in how people are planning their pretirement stage of life. “With the pandemic’s after-effects and ongoing inflation, people have had a revelation about retirement,” said Eric Phillips, Senior Director, Partnerships & Strategic Insights at Human Interest. “That includes ‘pretirement,’ as well, so it’s more important than ever to keep both one’s financial present and future in mind.”
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