Episode 14: How Have Older Workers Fared During the COVID-19 Recession?

Apr 15, 2021

The Center for Retirement Research at Boston College released a new brief on the impacts of the pandemic on older workers. The results are fascinating.

Here are just a handful of the things that we'll discuss:

  • The study focuses on job exits and retirements for two demographic age groups (50-61) and (62+)
  • Low earners fared worse than their higher-earning counterparts during COVID. The oldest group of high earners did worse during COVID Recession (2020) than during the Great Recession (2009).
  • All workers need to plan years in advance of estimated retirement; not months in advance.



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