Most millennials were already at risk of not achieving a financially secure retirement. The temptation to forgo long-term investments in favour of more immediate expenses has always been a hazard. Now, though, COVID-19 and the recession it caused are making a bad situation worse.

Most millennials were already at risk of not achieving a financially secure retirement. The temptation to forgo long-term investments in favour of more immediate expenses has always been a hazard. Now, though, COVID-19 and the recession it caused are <a href="https://time.com/nextadvisor/millennial-retirement-fund-withdrawal/?utm_source=time&amp;#038;utm_medium=referral&amp;#038;utm_campaign=time_hero_feed">making a bad situation worse</a>.

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Helping you navigate the ever-changing universe of business, from headlines to the bottom line

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