15 Ways to Protect Your Retirement Savings During the Coronavirus Outbreak

Photo by Deborah Kolb / Shutterstock

Do not forget to keep some cash for bad times

Normally, every person should have enough money in a retirement savings account to cover approximately half a year of expenses. “If people have put aside money that’s going to cover near-term cash needs, that should ease their minds considerably,” Keady said.

So, as you probably know it is recommended to have an emergency fund, but if you do not already have one, it is recommended that you plan one as soon as possible so that you do not spend all your money from the retirement savings when the hard times come or you have an emergency.

<1 ... 34 5 67 ... 16>

Related Articles More from author

Leave A Reply

Your email address will not be published.