A recent report found that in Dallas, 32 percent of those planning to retire are pushing out their timelines due to COVID-19.
The study was conducted by Edward Jones in partnership with Age Wave and The Harris Poll. The research also found that 43 percent of Dallas working adults express interest in still working while in retirement, compared to 33 percent nationally.
Edward Jones’ financial advisor Jesse Abercrombie said retirement is being redefined.
“As an industry, what we have to do is understand and think differently about how we work with our clients,” he said. “(There are) four pillars: health, family, purpose and finances. What we find is that the people who go into retirement, looking at all four of these pillars just have a better quality of life overall in retirement.”
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