For many Boomers, 2020 was going to be the start of a new phase in their life as they planned to retire. And then the world changed in an instant, leaving some to wonder whether this really will be the start of their Golden Years or if those dreams will have to be deferred. For others close to retirement that now find themselves jobless, it may feel less like a choice than an unfortunate circumstance foisted upon them.
Either way, financial experts say before panicking, take a deep breath. Inhale…hold…exhale. Okay?