Nearly 1 in 5 Americans Is Delaying Retirement Due to COVID-19. Should You Do the Same?

Nearly 1 in 5 Americans Is Delaying Retirement Due to COVID-19. Should You Do the Same?

All of this is causing Americans to rethink their near-term and long-term financial plans, so it's not surprising to learn that 19% of U.S. adults now intend to push back their retirement date, according to a new Nationwide survey. Of course, delaying retirement is a smart move for those whose finances have taken a turn for the worse in the course of the pandemic. Or maybe you've lost your job completely, and that lack of income has forced you to dip into your near-term or retirement savings.