Pandemic Triple Threat?
Larry Gard, Ph.D. If you’re a late-career professional trying to figure out retirement, this pandemic poses a triple threat. You’re contending with the potentially greater risk of medical complications, it can be hard to explore popular post-work activities right now (such as volunteer roles and travel), and it’s anybody’s guess what will happen with the stock market. The decisions surrounding retirement may feel more fraught because the future is so uncertain. There’s no telling what trajectory this pandemic may take. Should you pull the pin and retire now or wait to see if the economy picks up? Should you sell your business or try to keep it afloat? If you do retire, what can you do to occupy your time that will feel meaningful? These questions have always been part of the retirement decision, but they take on added complexity in light of Covid-19. You may find it helpful to think back to...