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COVID-19 pandemic will hurt retirement nest eggs more than Great Recession, new survey shows

Posted on - Paul Davidson USA TODAY

Seven in 10 Americans say the COVID- 19 pandemic will affect their retirement, with many dipping into their nest eggs, scaling back contributions and planning to work longer, a new survey shows.”The impact to Americans’ retirement accounts is bigger than that of the Great Recession,” says Dara Luber, senior manager, retirement product for TD Ameritrade. “It’s disrupting their finances.”And while trillions of dollars in government aid is helping, many people […]