Unsurprisingly, COVID-19 has tipped the scales further against senior members of society. A recent analysis of multi-year trends suggests that the pandemic and policy actions taken to moderate its economic impact will have lasting implications for retirees.
The Natixis Investment Managers' 2020 Global Retirement Index provides a snapshot of the relative well-being and financial security of retirees in 44 countries, indicating that the chances for a financially secure retirement depend on a fragile balance of social, economic and public health pressures.
Retirement security in the U.S. and developed nations now face elevated threats of lower-for-longer interest rates, record levels of public debt, recession, income inequality, and climate quality.
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Michael S. Fischer
Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.
