8 Months of COVID – 8 Insights into Retirement

By Marcia Mantell, RMA®

For some 42 million younger baby boomers (those born between 1955 and 1965), the last 8 months of COVID-19 have been a different kind of unusual. In fact, for those of us closing in on retirement, this unplanned time in quarantine has delivered an unexpected silver lining: the opportunity to practice retirement.

Many of us are back to where we started: DINKs – dual income, no kids. Unlike younger folks, we are not grappling with the daily drama of kids having Zoom-school or in-classroom learning. We aren’t juggling home schooling with our demanding jobs. And, while we’re wearing masks and social distancing, we’re not in the most vulnerable older group who have to be extra cautious.

Instead, we’ve been given a unique opportunity that was unimaginable as we rang in New Year 2020. We are not unscathed by this virus. In fact, we are very concerned about keeping our jobs as companies announce layoffs nearly every day. And, we know we’re vulnerable to finding a new job at this age. But, on the bright side, as time slowed down, we a glimpse into what living in retirement is really all about.

So, what have these near-retirees discovered about retirement? Are they thinking differently? How has this pandemic exposed some retirement realities? Talking to several people within just a few years of retirement, here are 8 insights they share about future retirement:

Source Article

Next Post

The Platinum Card from American Express review

Tue Nov 17 , 2020
© Provided by The Points Guy MSN has partnered with The Points Guy for our coverage of credit card products. MSN and The Points Guy may receive a commission from card issuers. Please note: the offers mentioned below are subject to change at any time and may not be available. […]