Retirement Planning

The COVID-19 pandemic created significant and serious challenges for Atlanta individuals, families, businesses, and nonprofit organizations. The forced business closures, stay-at-home orders, and social distancing guidelines meant an almost complete disruption to daily activities. While necessary to prevent widespread infection, it also caused businesses to fail, unemployment to skyrocket, and left many without work. Despite these unique conditions, it appears the pandemic had little impact on retirement savings.

Saving for retirement is something that every individual needs to tackle especially during the prime earning years. Ensuring there is enough money available to fund spending in retirement is a necessity since the benefits offered through social security are simply insufficient to the task. While it sounds logical, there are several obstacles that have made it more difficult for retirement savings to occur.