LIMRA research reveals that many Americans express significant financial worries as a result of the coronavirus outbreak. Among those surveyed, 56% are concerned about the pandemic’s long-term impact on their financial security, 14% have lost their job since the crisis began, 32% earn less income due to decreased hours or reduced pay, and 45% believe the economic downturn negatively affected their retirement prospects.
Alison Salka, Ph.D.
LIMRA Unplugged is a video podcast series designed to explore issues and trends within the financial services industry. The series combines LIMRA research with real-world insights to offer an in-depth understanding about market challenges and opportunities.