How Healthy Is Your Retirement Plan in the Midst of the COVID Crisis?

Give yourself a financial checkup today to see if you’re doing all that you can to have a healthy and happy retirement. Here are eight tactics to help boost your bottom line.

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As the world moves into yet another year of dealing with the persistent coronavirus pandemic, we’re all still struggling to wrap our minds around the many challenges we face.

First and foremost are ongoing concerns regarding the health of our families, friends, colleagues and others. But, of course, this isn’t just a medical crisis. For many, the pandemic is also taking a toll on their financial well-being. And the longer it drags on, the more it could threaten their ability to retire when and how they planned.

How can those workers avoid falling victim to a failing retirement?

For those who are out of work, the advice is fairly straightforward: Find good work as quickly as you can, and fight to remain extremely valuable to your employer.

For those who are still among the ranks of the employed, your financial outlook may be stronger. But if you’re worried about the health of your retirement plan, here are some remedies to consider:

The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger.com. Kiplinger was not compensated in any way.

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

Scott M. Dougan, RFC, Investment Adviser
President & Founder, Elevated Retirement Group

Scott M. Dougan is the president and founder of Elevated Retirement Group (opens in new tab). He is a Registered Financial Consultant, an Investment Adviser Representative and a licensed insurance agent.