5 Strategies for Retirement Immunity Despite Coronavirus Crisis
Less than a decade ago, I used to drive from Philadelphia up to northern New Jersey for client meetings. I would print my directions off of MapQuest and do my best to stay on course. I would inevitably get lost or end up on a detour somewhere around the Lincoln Tunnel. But I'd eventually get back on track and find my way to my destination.
If you're reading this article for a few quick tactics on how to make this bear market sting less but haven't yet laid down the fundamentals of your financial roadmap, you're getting ahead of yourself. Before moving on to what highways, lanes and exits you're going to take, you need to figure out where you are going. Anyone within five years of retirement should have a written (even if digital) plan that shows how much you'll have and where it will come from. The
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