According to a survey of 1,204 people conducted by Fidelity, a provider of retirement services, 82 percent of respondents said the Epidemic has had a negative impact on their retirement plans.
Some 33 percent of respondents said that losing their jobs due to the epidemic, or having to withdraw cash from their retirement accounts for emergencies, has delayed their retirement plans by two to three years; more than 20 percent said it will take at least four years to get their retirement plans back on track; and 12 percent said their retirement plans will be delayed by more than five years.
In other words, a total of 55% of respondents said they have delayed their retirement goals by at least two years. And about 80 percent of those surveyed said last year’s epidemic has caused them to reassess their financial priorities.
However, the results of this survey are not full of pessimism: 36% of respondents are more confident about reaching their retirement goals than they were before March of last year, and 45% feel “hopeful” or “no problem” about getting back on track.
The U.S. public’s level of financial stress is also down from a year ago. The number of respondents worried about their ability to repay is down from last year’s pre-epidemic survey, with only 32 percent of respondents viewing this as a concern, down from 40 percent in last year’s survey.
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