15 Ways to Protect Your Retirement Savings During the Coronavirus Outbreak

Focus on cash if you are near retirement

As I said before, every person should have an emergency fund for bad times, especially when there is a pandemic and it should be bigger if you are near retirement age. “If you are nearing retirement, it is a good idea to store one year of cash for all of your expenses so you can let the rest of your investments grow and recover,” Hayes said.