We are in an unprecedented situation. The coronavirus or COVID-19 is going to significantly impact the world economy, just how bad things are going to be, we can only speculate. But right now, things are already dire for some of you. If you need help paying bills or other forms of financial assistance, we’ve got a comprehensive list of resources.
Death and taxes. I thought about the most depressing way to start this article, and mentioning those two inevitabilities was it. Okay, not really, but keeping them in mind is extremely important when thinking about tax-efficient retirement withdrawal strategies (and how to make your retirement savings last).
There are plenty of things to fear amid the coronavirus (or COVID-19 pandemic) and financial worries are probably at the top of the list. We can help calm those concerns for you with some personal finance tips to deal with the global pandemic.