Duration: 00:44

45 mins ago

COVID-19 has changed the post-work plans of many boomers. The coronavirus pandemic changed nearly every aspect of our lives, including our plans for retirement. For baby boomers — who are either in retirement, or very close to it — COVID-19 had an especially significant impact on post-work plans, according to a recent survey from the Center for a Secure Retirement and CNO Financial Group. As the coronavirus spread, boomers found themselves stepping up financially to help others. However, doing so left members of that generation less able to focus on securing their own retirement. Following are some key ways the pandemic has changed baby-boomer retirement dreams. The findings are based on a survey of more than 2,500 middle-income boomers — defined as Americans who were born between 1946 and 1964, and who have an annual household income between $30,000 and $100,000 and less than $1 million in investable assets.