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7 Facts About How Corona Virus Really Affects Your Retirement Savings

March 25, 2020 · Saving & Spending

The Coronavirus pandemic has reached startling numbers across the globe, so it’s unsurprising that tips regarding your health and safety are surfacing online at every turn. It’s true, there are many things you can do to keep safe.

Practising social distancing, washing your hands (for at least 20 seconds) and avoiding touching your face are just three simple things you can do in an effort to keep the virus at bay. But in the midst of all this, many Americans also worry about their finances- and rightly so!

Businesses left, right and centre have been closed not just in the US, but also all around the globe. Seniors now have to worry about their own savings in addition to trying to stay healthy and safe. So here’s a question that’s on everyone’s mind, how will this pandemic affect your retirement?

Here’s what you need to know!

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