Retirees and Retirement Amid COVID-19 2020
Source: Transamerica Center for Retirement Studies
Amid the pandemic, most retirees indicate their retirement confidence has stayed the same, although it should be noted that relatively few were “very confident” before the pandemic. Looking more closely at their financial situations, there are indicators that many may be unable to withstand or recover from a major financial setback.
Risk of Cognitive Declines With Retirement: Who Declines and Why? 2020
Source: American Psychological Association (APA PsychNET)
Study found that not finding new goals after retirement was associated with greater cognitive decline: In addition, this risk appears to be greater in women than men. More follow-up is needed, but the study provides evidence that retirement may be associated with increased cognitive declines for people (especially women) who disengage from highly challenging activities.