Retirement Optimism Has Hit a 7-Year Low, Survey Says
The year 2020 has not been the start to the decade that most of us were expecting. It's the year of the COVID-19 pandemic, a year of significant adversity, and one that's taken a financial toll as well as an emotional one for many. It has created its share of problems now and left people uncertain about the future.
Retirement confidence during the first quarter of 2020 was at a 30-year high, according to the Wells Fargo Investor and Retirement Optimism Index, but that plummeted to a seven-year low in the second quarter as the pandemic really took hold. That doesn't mean retirement is off the table for a lot of these individuals, though they might have to go back to the drawing board with their retirement plans.
If you're worried about your ability to retire, here are some things you can do to improve your retirement optimism starting right now.
Source Fool.com
