InvestSMART Chief Market Strategist Evan Lucas says the COVID pandemic has pushed people to retire early, causing an inconvenience with the overall employment market.
“We know that about 1 to 1.5 per cent of the population per year retires; it’s currently sitting at 3 per cent.
“The pandemic has fast-forwarded people’s expectations around work towards retirement sooner than expected rather than to a new job.”
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