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Transamerica

Retirement

Study: Workers Less Confident About Retirement Prospects Due to Pandemic

By Chris Clow |
A senior man sitting alone on a bench.

23% of workers who are either employed or recently unemployed express that their confidence in retiring comfortably has declined due to the economic effects of the COVID-19 coronavirus pandemic. This is according to “Retirement Security Amid COVID-19: The Outlook of Three Generations,” a report released by the nonprofit Transamerica Center for Retirement Studies (TCRS). “Workers […]

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Survey: More People Plan to Keep Working After Retirement

By Chris Clow |
An elderly man reading a newspaper at a kitchen table.

63 percent of self-employed American workers describe themselves as “looking forward” to retirement, and 26 percent say that they are “very much” looking forward to their post-working lives. The importance and form of retirement is also variably defined based on different demographics, and incorporates an increasing trend of of continuing work into a person’s senior […]