The specter of COVID-19 can put a scare into anyone, but the fear is even greater for those in or near retirement. Not only are eight in 10 people who die of the virus over 65, the pandemic is rattling health care, Social Security, Medicare, personal savings and government spending. And that's on top of the lack of preparation, savings difficulty and general uncertainty that American retirees were already facing. There are many things that can go bump in the night and frighten current and future retirees, but the statistics in the gallery above might be the scariest of them all. --- Related on ThinkAdvisor:
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
Sponsored by Axos Advisor Services
Integrated Banking Solutions: How To Enhance Client Services and Grow Your Business
Sponsored by Optifino
Three Macro Trends Impacting Long-Term Care: Trends, Solutions & Client Conversations
Sponsored by Allianz Life Insurance Company of North America
Elevating Income FIAs: More Flexibility & Control for Your Clients
Sponsored by Vanilla
The Missing Piece: Why Advisors Who Skip Estate Planning are Failing Their Clients