Tag: retirement
![Global,Business,And,Finance](https://crr.bc.edu/wp-content/uploads/2022/12/US-globe-with-data-1536x1024.jpg)
For older workers starting to think about retiring, the economic maelstrom the coronavirus set in motion is a reminder of that sinking feeling they experienced just over a decade ago. In 2008, the stock market plunged nearly 40 percent, accelerating the steep decline that was underway in U.S. house prices. The unfolding 2020 recession is…
![Images of growing stacking coins and Hand putting coin into glas](https://crr.bc.edu/wp-content/uploads/2022/12/Money-stacked-1536x1024.jpeg)
It was hard to miss the news last year that four out of 10 people couldn’t come up with $400 if they had an emergency. The coronavirus is that emergency – on steroids. A wave of new surveys asking Americans about their personal finances reveal the depth of a crisis that has suddenly befallen untold…