Dec 2, 2021
Baby Boomer retirements DOUBLED in year 2020 over what took
place in 2019!
Oct. 25, 2021, Investment News: Early Retirement surging as a
result of Covid, research finds.
An estimated 5.25 million people who left the workforce during the Covid-19 pandemic and of that, 3 million (which is over 57%) appear to have retired earlier than they planned to.
Baby boomer retirement shot up in 2020, with 3.2M boomers retiring, more than double the rate of 1.5M seen in 2019.
Articles referenced from Investment News and Pew Research:
- https://www.investmentnews.com/covid-early-retirement-rearch-213183
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