The COVID-19 Pandemic, Retirement Savings, and the Financial Security of American Households
The COVID-19 Pandemic, Retirement Savings, and the Financial Security of American Households
From the highest unemployment levels in decades to the havoc wreaked by the illness itself, the COVID-19 pandemic has thrown people’s financial lives into disarray. Which groups were best and worst prepared for the shock? This research digs into American households’ financial resilience during the pandemic and shares lessons for future policy.
What's Inside
What's Inside
- The role of emergency and retirement savings in households' financial resilience
- Financial health through the lends of race, income, and debt
- Implications for policymakers and the financial services industry