Pandemic-Battered Workers Say Retirement Plans Will Have to Wait

Many workers who were hurt by the pandemic are saying they’ll now retire later than planned.

Nearly two in five workers were furloughed or laid off — or had their pay cut or hours reduced — since February 2020, according to the latest annual survey about retirement confidence by the Employee Benefits Research Institute and Greenwald Research. Of those, about a quarter say they now think they won’t be able to retire until later than planned, according to the survey released Thursday.

Even workers who hadn’t had a pay cut are revisiting the decision, with 22% tweaking the date, most aiming for ...