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Will Coronavirus Spike The Rate Of Poverty In Retirement?

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“America was already facing a retirement-planning crisis long before the coronavirus shut down the world economy. Layoffs may lead many people nearing retirement age to throw in the towel and just retire early. Being forced to retire early during the coronavirus recession will likely have a devastating effect on their incomes during retirement. It could also lead to a spike in the rate of poverty among retirees”

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