Forget What You’ve Heard. Here Are the New Rules For Post-pandemic Retirement.

In Economy, Social Security and Retirement On
- Updated

Your retirement will be unique to you, but it often helps to have some rules of thumb as a guideline.

Over time it may make sense to revisit those rules. For example, experts used to talk about retirement being based on a three-legged stool: a pension, Social Security and personal savings. Such a scenario isn’t applicable for most people these days, or at least not those working for a private-sector company.

Fewer employees have pensions that guarantee lifetime monthly payouts. There’s a lot of uncertainly about the financial stability of Social Security. This means some of the advice that worked in years past won’t apply to future retirees.

And now with the coronavirus pandemic throwing tens of millions of Americans out of work and causing extraordinary stock market volatility, it’s time to give a makeover to some retirement rules of thumb.

Read full article

I Clung To the Middle Class As I Aged. The Pandemic Pulled Me Under.

You may also read!

The Secrets of ‘Cognitive Super-Agers’

One of my greatest pleasures during the Covid-19 shutdowns

Read More...

Is Education No Longer the ‘Great Equalizer’?

There is an ongoing debate over what kind of

Read More...

Even the terrorist threat to the United States is now partisan

Hours after he announced his objection to forming a

Read More...

Mobile Sliding Menu