15 Ways to Protect Your Retirement Savings During the Coronavirus Outbreak

Pay your debt 

Even though you are too scared to start investing or save some money for your retirement plan, you should focus on something that can help you when there is a possible financial crisis, such as paying your debt or mortgage. 

“Even if you have a low mortgage rate of 3% or 4%, paying off that mortgage can not only give you better peace of mind for retirement, but it is still potentially the best guaranteed return you’ll get on your money,” Hayes said.