When considering your retirement plans during this pandemic, here are three observations and considerations to keep in mind:

  • The pandemic has created a systemic disruption to the economy in ways that many financial advisors never imagined.
  • COVID-19 is not a black swan (an event that is unpredictable and rare, but when it occurs, its results are catastrophic).
  • It's time to rethink “risk management” in retirement plans.