Not everyone feels as confident about their retirement in the future.
The pandemic has affected nearly everyone in some way or another — people have lost their jobs, seen a reduction in wages, gotten sick or, at the least, likely had to skip a planned vacation.
More than half of respondents who are not fully retired are also less confident, versus slightly more than a third of full retirees, the poll found. Not all Americans were prepared for their retirements before the pandemic. Another survey from Allianz Life Insurance, published earlier this year, found a third of people said an unanticipated job loss pushed them into retirement too soon, and a quarter said health issues did. About 4 million older workers will be forced into retirement by October, a report from the New School’s Schwartz Center for Economic Policy Analysis.
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