The impact of the coronavirus (COVID-19) pandemic on the retirement plans of households in the United States varied greatly across the generations considered. As of 2020, approximately one-quarter of the millennial surveyed (24 to 38 years of age) declared to have withdrawn from their emergency fund or savings account because of the coronavirus pandemic. On the other hand, this impact was reported by only ten percent of the respondents aged between 55 to 73 years (boomers).
Impact of coronavirus (COVID-19) pandemic on retirement savings/plans in the United States in 2020, by generation
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TD Ameritrade. (June 1, 2020). Impact of coronavirus (COVID-19) pandemic on retirement savings/plans in the United States in 2020, by generation [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/1221507/covid-19-impact-on-retirement-savings-us/
TD Ameritrade. "Impact of coronavirus (COVID-19) pandemic on retirement savings/plans in the United States in 2020, by generation." Chart. June 1, 2020. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/1221507/covid-19-impact-on-retirement-savings-us/
TD Ameritrade. (2020). Impact of coronavirus (COVID-19) pandemic on retirement savings/plans in the United States in 2020, by generation. Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/1221507/covid-19-impact-on-retirement-savings-us/
TD Ameritrade. "Impact of Coronavirus (Covid-19) Pandemic on Retirement Savings/Plans in The United States in 2020, by Generation." Statista, Statista Inc., 1 Jun 2020, https://www.statista.com/statistics/1221507/covid-19-impact-on-retirement-savings-us/
TD Ameritrade, Impact of coronavirus (COVID-19) pandemic on retirement savings/plans in the United States in 2020, by generation Statista, https://www.statista.com/statistics/1221507/covid-19-impact-on-retirement-savings-us/ (last visited November 08, 2024)
Impact of coronavirus (COVID-19) pandemic on retirement savings/plans in the United States in 2020, by generation [Graph], TD Ameritrade, June 1, 2020. [Online]. Available: https://www.statista.com/statistics/1221507/covid-19-impact-on-retirement-savings-us/
