8 Ways Coronavirus Will Drastically Alter Boomer Retirements

8 Ways Coronavirus Will Drastically Alter Boomer Retirements

AgeLab Director Joseph Coughlin appears in a Forbes article by Janet Novack on the impact of COVID-19 on Boomers' retirement plans:

Eventually, the economy and the stock market will recover and COVID-19, the disease caused by the novel coronavirus, will be contained. Yet the current pandemic and its economic consequences could devastate the retirement prospects of some Baby Boomers, while permanently changing the attitudes of many more.

 “This is going to leave a real imprint on the minds of people who are near or in retirement,’’ says Joseph Coughlin, director of the Massachusetts Institute of Technology AgeLab. “It’s a personal health 9/11 for much of the country.”

Read the full story via Forbes.