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Ways to Bolster Your Finances Due to the Coronavirus

April 11, 2020

From the nextavenue website

The coronavirus outbreak, we know, is a health crisis and a national economic crisis. It’s also, for many Americans, a personal-finance crisis.

Many of us, especially those in our 50s or 60s, are now very worried about our money due to the pandemic.

The 22% drop in the Standard & Poor’s 500  stock index since late February has shrunk retirement funds for those who had any. A MagnifyMoney survey found that 38% of investors are worried they’ll lose all their retirement savings due to the COVID-19 outbreak.

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