Participants Expressing COVID-19-Related Withdrawal Regret :

Participants Expressing COVID-19-Related Withdrawal Regret


Participants Expressing COVID-19-Related Withdrawal Regret
They say loans and withdrawals put them in a better place financially, but they are concerned about their long-term financial picture.
Reported by
Nearly seven in 10 (68%) individuals who took a loan or withdrawal from their retirement plan, a traditional lender or investments due to COVID-19 agree or strongly agree that they are now in a better place financially because they took a loan or withdrawal, according to a Voya Financial survey.
However, nearly half (47%) say they took more money than they needed, and 59% reported they wish they had consulted a financial professional before taking a loan or withdrawal. Two-thirds (65%) say borrowing from their accounts has put them behind in saving for retirement.

Related Keywords

United States , Americans , Heather Lavallee , Retirement Confidence , Employee Benefit Research Institute , Voya Financial , Coronavirus Aid , Economic Security , Retirement Confidence Survey , ஒன்றுபட்டது மாநிலங்களில் , அமெரிக்கர்கள் , ஹீத்தர் லாவல்லீ , ஓய்வு நம்பிக்கை , ஊழியர் நன்மை ஆராய்ச்சி நிறுவனம் , வோயா நிதி , பொருளாதார பாதுகாப்பு , ஓய்வு நம்பிக்கை கணக்கெடுப்பு ,

© 2025 Vimarsana