Fountain Valley News - Your Hometown Community Newspaper

COVID hits our wallets

 

Last updated 1/6/2021 at 9:44am



You can learn all kinds of things from surveys, and not all of them are good.

A recent SimplyWise bi-monthly survey showed that 35% of seniors age 60 and older are willing to risk getting COVID in order to work.

Of those who are over age 50, only 27% have put any money aside recently for retirement. Nearly half could not last one month off their savings.

The number of people who plan to keep working after starting to collect Social Security benefits just keeps rising, up to 74% at the time of the survey.

Due to finances, 17% of us are considering selling our homes.

I scarcely know where to...



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