Don’t Let COVID-19 Throw Your Retirement Planning Off Course
Stock market downturns are inevitable -- but they can constitute a major blow nonetheless. And the current one we're facing has been brutal. In the span of just a couple of weeks, stocks plunged all the way into bear market territory, marking a 20% drop from former highs.
The reason for that plunge? COVID-19.
Daily reports of growing cases have sparked fear in investors, and disruptions to daily life are already changing the way Americans spend their money. And until there's some encouraging news on the COVID-19 front, we have to assume that things will stay relatively status quo -- lives will be put on hold and the stock market will struggle with its recovery.
Source Fool.com
