Home Hot Topics Coronavirus More people resorting to raiding their nest egg

More people resorting to raiding their nest egg

MONEY CONCERNS: When Janet Tanury was forced to temporarily close her clothing boutique in the spring because of the COVID-19 pandemic, she stopped making contributions to her retirement account. / PBN PHOTO/RUPERT WHITELEY
MONEY CONCERNS: When Janet Tanury was forced to temporarily close her clothing boutique in the spring because of the COVID-19 pandemic, she stopped making contributions to her retirement account. / PBN PHOTO/RUPERT WHITELEY

Janet Tanury had been dutifully putting away money for retirement for years and was even considering doubling her contribution. Then, COVID-19 hit, shutting down Botticelli LLC, her North Providence plus-size clothing boutique, and costing what the longtime small-business owner estimated to be $100,000 in revenue over the last nine months. Suddenly, growing her retirement nest

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