21% of Americans Now Say They'll Retire Later Than Planned

Maurie Backman, The Motley Fool
·4-min read
21% of Americans Now Say They'll Retire Later Than Planned

The COVID-19 crisis has changed the way a lot of people plan to approach retirement. On the other hand, if you delay retirement, you'll have a chance to pad your nest egg even more. Imagine you're able to contribute $7,000 a year -- the max you can put into an IRA right now if you're 50 or older -- for an extra three years due to delaying retirement.