5. Don’t make panic-based decisions
While the coronavirus pandemic and the financial crisis are things that concern us all, we should not make panic-based decisions. A faulty decision could have permanent consequences on your future life, so do not press the panic button.
Decisions such as selling off stock that might have recovered, pulling out money from your retirement account that you do not replace, or making other type of decisions that can negatively affect your retirement plan could impact you and your family for a long period of time.
