Published in the Baltimore Business Journal on December 4, 2020
Back in January, before the Covid-19 pandemic swept the globe and altered our way of life, our team of financial advisers met with two of our clients, a married couple on the brink of retirement. Our conversation ranged from the financial costs to a much more heartwarming discussion about their dreams becoming a reality. Like so many others, Covid-19 caused our clients' retirement plans to change right out of the gate.
But did it fundamentally alter their retirement plan as a whole? In other words, have the events of 2020 redefined how we plan for retirement?