Should You Change Your Retirement Plans Because of the Coronavirus?
If you've been planning on retiring soon, recent events may have you rethinking your choice. The coronavirus crisis has led to some significant declines in the stock market that may have affected your retirement account balance. Millions of Americans have also been left unemployed or with reduced income.
For some Americans, delaying retirement simply won't be an option, either because you've already set your plans in motion or because your job was affected by the crisis and you can't find a different one. But if you have the choice to wait a little longer, should you do so in light of current economic uncertainty?
To help you decide, ask yourself these four key questions.
Source Fool.com
