By City News Service
Dec 18, 2020
LOS ANGELES (CNS) - One in five U.S. workers indicate their confidence in their ability to retire comfortably has declined in light of the coronavirus pandemic and just 27% are confident they can look forward to a lifestyle free of financial worry, according to findings released today by the Los Angeles-based Transamerica Center for Retirement Studies.
The October study, Retirement Security: A Compendium of Findings About U.S. Workers, gauges the impact of the pandemic on workers employment and finances. It finds that 52% of workers have experienced one or more negative impacts to their employment including job loss, furloughs, reduced hours, reduced pay and/or retiring early.
By City News Service
Dec 18, 2020
LOS ANGELES (CNS) - One in five U.S. workers indicate their confidence in their ability to retire comfortably has declined in light of the coronavirus pandemic and just 27% are confident they can look forward to a lifestyle free of financial worry, according to findings released today by the Los Angeles-based Transamerica Center for Retirement Studies.
The October study, Retirement Security: A Compendium of Findings About U.S. Workers, gauges the impact of the pandemic on workers employment and finances. It finds that 52% of workers have experienced one or more negative impacts to their employment including job loss, furloughs, reduced hours, reduced pay and/or retiring early.