Retirement during a Pandemic

Many workers in their 50s and 60s are retiring early because of the coronavirus pandemic. They fear that the health risk is too high.

However with the resulting economic downturn from the pandemic, there is great concern about how lifestyles will be sustained during this period.

People who get laid off or furloughed may not have control over their retirement date but any senior citizen who can extend their employment with the option of "work from home" should really consider doing so.

Pre-retires should also be careful not to dip into their retirement savings because times may get hard now. It's best to keep the money there for the future and buckle the belt by reducing current expenses.

Life goes on during the pandemic, nonetheless it is not business as usual.


Email: keepgrowingja@gmail.com

Kingston, Jamaica

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