3 Mistakes That Could Wreck Your Retirement If There's a Second Wave of COVID-19

If you're getting close to retirement age, the coronavirus pandemic could cause you to reconsider your plans. Tens of millions of Americans have lost their jobs, and your retirement investments may have taken a hit over the last few months.

While the stock market has (at least temporarily) rebounded and many businesses are reopening, the majority of Americans are concerned that it's too soon to go back to normal. In fact, 68% of U.S. adults are worried states will lift COVID-19 restrictions too early, according to a May survey from Pew Research Center.

Re-opening the economy too soon could lead to a surge in coronavirus cases, and a second wave of COVID-19 could spell trouble for your retirement strategy. While nobody knows for sure whether there will be a second wave, there are a few mistakes you should avoid if you want to keep your retirement plans on track.

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Source Fool.com