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> I'm inclined to agree that some folks who stayed home (by choice or not) found that ... it wasn't that bad and doing so to find something else probably seems
by bachmeier 5y ago
> I'm inclined to agree that some folks who stayed home (by choice or not) found that ... it wasn't that bad and doing so to find something else probably seems easier than it was before.
There's this, but let's not forget that the S&P 500 is up about 40% relative to its pre-pandemic peak, so retirement accounts have been growing really fast. Staying home suddenly became an option for many.
There were already concerns about boomer retirements. Add a pandemic most dangerous to older people, lack of concern for worker safety, and massive increases in retirement accounts, and you have a lot of people that can and do stay home.
- ghaff 5y agoAlso, generally, the pandemic probably led to a lot of people on something of a glidepath towards retirement to think about pushing things up some number of years.
- vwcx 5y agoThe stock market is an excellent point. Feels like there is lots of under-indexing (no pun intended) for the sentiment associated with 40% passive growth in one's retirement account since the start of the pandemic.