Want to Keep Your Retirement Plans on Track? Invest During COVID-19
To say that the last few months have been a wild ride for investors would be an understatement. The year started out with one of the stock market's worst quarters in history, and investors watched their savings plummet essentially overnight. But the market recently began to rally, and the S&P 500 actually recovered its losses and turned positive for the year.
That doesn't mean we're in the clear just yet, however, as stock prices took another fall following the incredible comeback. These are still volatile times for the stock market, which can be stressful when you're planning for retirement.
It can be tempting to press pause on saving for retirement, at least until the market stabilizes. However, that could be an incredibly dangerous move. The safest way to keep your retirement plans on track is to keep investing even when the stock market is on shaky ground.
Source Fool.com