{"id":1103,"date":"2020-03-26T02:13:00","date_gmt":"2020-03-26T02:13:00","guid":{"rendered":"https:\/\/www.simplywise.com\/blog-2023\/?p=1103"},"modified":"2023-06-22T21:45:48","modified_gmt":"2023-06-22T21:45:48","slug":"stay-smart-with-retirement-savings-during-coronavirus","status":"publish","type":"post","link":"https:\/\/www.simplywise.com\/blog\/stay-smart-with-retirement-savings-during-coronavirus\/","title":{"rendered":"How to Stay Smart with Retirement Savings During Coronavirus"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1103\" class=\"elementor elementor-1103\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-05e918e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"05e918e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-016b0f0\" data-id=\"016b0f0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e6fdb75 elementor-widget elementor-widget-text-editor\" data-id=\"e6fdb75\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.3 - 28-05-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Navigating retirement planning and\u00a0<a href=\"https:\/\/www.simplywise.com\/blog\/social-security-retirement-benefits\/\">Social Security rules<\/a>\u00a0can be challenging in the best of times. Trying to think about your 401(k) and your benefits during coronavirus can be downright overwhelming. But you are not alone. A recent poll found that despite the ongoing pandemic,\u00a0Americans are more concerned about their finances than their health right now.\u00a0<\/p><p><a href=\"https:\/\/www.simplywise.com\/blog\/will-people-on-social-security-get-a-stimulus-check%E2%80%8B\/?fbclid=IwAR0TH0zuAocxeSvIwQ1CJ6ZtyN9c4-fcyAeOGcWPg73BuohR1FpBq1VofpE\">The coronavirus stimulus package currently being discussed in Congress<\/a>\u00a0includes provisions that would provide some relief for retirement savings. This includes the ability to take coronavirus-related distributions up to $100,000 from your retirement plan or IRA without a 10% withdrawal penalty. \u00a0It also suspends 2020 required minimum distributions payments. This means that retirees won\u2019t have to draw down on their savings in the midst of this market turmoil.<\/p><p>While the bill is still being debated, and the arrival date of stimulus checks is unknown, it can feel like things are slipping from control. But there are ways to regain some of that control, and to stay smart with retirement savings during coronavirus.\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ed5be01 elementor-widget elementor-widget-template\" data-id=\"ed5be01\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"196\" class=\"elementor elementor-196\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-339b45e0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"339b45e0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3f771e94\" data-id=\"3f771e94\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44435407 elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"44435407\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.simplywise.com\/blog\/wp-content\/uploads\/elementor\/css\/custom-pro-widget-call-to-action.min.css?ver=1764022918\">\t\t<a class=\"elementor-cta\" href=\"https:\/\/simplywise.app.link\/Iv0wVANrvfb\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-content-item elementor-cta__content-item elementor-icon-wrapper elementor-cta__icon elementor-view-default\">\n\t\t\t\t\t\t<div class=\"elementor-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-lightbulb\"><\/i>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">DID YOU KNOW?<\/h2>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tRetirement is 99% easier when your paperwork is organized. \n\nJoin 250,000+ Americans securely storing their important receipts, bills &amp; documents with the SimplyWise app.\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item \">\n\t\t\t\t\t<span class=\"elementor-cta__button elementor-button elementor-size-md\">\n\t\t\t\t\t\tGet the App\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a952258 elementor-widget elementor-widget-text-editor\" data-id=\"a952258\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<section class=\"elementor-element elementor-element-b2affe6 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"b2affe6\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-d6ae4fa elementor-column elementor-col-100 elementor-top-column\" data-id=\"d6ae4fa\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-dffd0e4 elementor-widget elementor-widget-heading\" data-id=\"dffd0e4\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><div class=\"elementor-widget-container\"><h2 class=\"elementor-heading-title elementor-size-default\">Reassess your retirement plan<\/h2><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-a15d032 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"a15d032\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-781b946 elementor-column elementor-col-100 elementor-top-column\" data-id=\"781b946\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-e0541f8 elementor-widget elementor-widget-text-editor\" data-id=\"e0541f8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><p>This downturn could impact your retirement plans, particularly if you were planning on retiring in the next year or two. Wherever you are along your path, take this moment to recalibrate your goals, as well as your risk tolerance, to get you back on track for retirement.\u00a0<\/p><p>You can use a\u00a0<a href=\"https:\/\/www.simplywise.com\/\">Social Security calculator<\/a>\u00a0to help determine the benefits you\u2019re eligible for\u00a0(you might already be eligible and not know it)\u00a0and review when you can retire.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-bfa5646 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"bfa5646\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-67b00d8 elementor-column elementor-col-100 elementor-top-column\" data-id=\"67b00d8\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-f165f1e elementor-widget elementor-widget-heading\" data-id=\"f165f1e\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><div class=\"elementor-widget-container\"><h2 class=\"elementor-heading-title elementor-size-default\">Rework your monthly budget<\/h2><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-ffedbce elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"ffedbce\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-35feea1 elementor-column elementor-col-100 elementor-top-column\" data-id=\"35feea1\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-bbebdaf elementor-widget elementor-widget-text-editor\" data-id=\"bbebdaf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><p><a href=\"https:\/\/thesavvycouple.com\/frugal-living\/\">Revise your usual budget<\/a>\u00a0around priority expenses to get you through the next few months. If you\u2019re still working and still have your job, think about creating an emergency fund. Yes, if your finances can swing it, you can count streaming video services as a priority. However, if you are ordering takeout regularly by justifying that you would be spending it on restaurants, that might be a place to cut back. Of course, it\u2019s all personal, but take the time to think about the decisions that are right for your own situation.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-97e9874 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"97e9874\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-cf8093e elementor-column elementor-col-100 elementor-top-column\" data-id=\"cf8093e\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-f89d7ec elementor-widget elementor-widget-heading\" data-id=\"f89d7ec\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><div class=\"elementor-widget-container\"><h2 class=\"elementor-heading-title elementor-size-default\">Contact your lenders or banks to ask for help<\/h2><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-1ffe648 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"1ffe648\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-5863dc5 elementor-column elementor-col-100 elementor-top-column\" data-id=\"5863dc5\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-a56b7bf elementor-widget elementor-widget-text-editor\" data-id=\"a56b7bf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><p>If you are unable to make your next payment, contact your bank or lender. A number have offered to allow customers to defer payments, even without interest accruing. Check out\u00a0<a href=\"https:\/\/www.aba.com\/about-us\/press-room\/industry-response-coronavirus#_ga=2.131232460.2133286675.1584454853-584369691.1522093352&amp;_gac=1.187710042.1580914976.Cj0KCQiA7OnxBRCNARIsAIW53B94OE1K7vrIjuDXsFgefy0bxLTfMoesAaHXVlXIyG680GZ1dFqUUAEaAjeYEALw_wcB\">this list<\/a>\u00a0of banks that are actively responding to the crisis, to learn what steps they\u2019re taking and how they might help you.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8ed9053 elementor-widget elementor-widget-image\" data-id=\"8ed9053\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.3 - 28-05-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"609\" src=\"https:\/\/www.simplywise.com\/blog\/wp-content\/uploads\/2020\/03\/Screen-Shot-2023-06-20-at-9.15.12-PM.png\" class=\"attachment-large size-large wp-image-1106\" alt=\"\" srcset=\"https:\/\/www.simplywise.com\/blog\/wp-content\/uploads\/2020\/03\/Screen-Shot-2023-06-20-at-9.15.12-PM.png 985w, https:\/\/www.simplywise.com\/blog\/wp-content\/uploads\/2020\/03\/Screen-Shot-2023-06-20-at-9.15.12-PM-300x286.png 300w, https:\/\/www.simplywise.com\/blog\/wp-content\/uploads\/2020\/03\/Screen-Shot-2023-06-20-at-9.15.12-PM-768x731.png 768w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4eeb049 elementor-widget elementor-widget-text-editor\" data-id=\"4eeb049\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<section class=\"elementor-element elementor-element-614ff17 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"614ff17\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-ffc08aa elementor-column elementor-col-100 elementor-top-column\" data-id=\"ffc08aa\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-43866cb elementor-widget elementor-widget-heading\" data-id=\"43866cb\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><div class=\"elementor-widget-container\"><h2 class=\"elementor-heading-title elementor-size-default\">Refinance loans as needed<\/h2><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-ee14d0c elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"ee14d0c\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-9b55f63 elementor-column elementor-col-100 elementor-top-column\" data-id=\"9b55f63\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-7ca6cc8 elementor-widget elementor-widget-text-editor\" data-id=\"7ca6cc8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><p>Interest rates today are close to zero. If you still have an income and meet other qualification requirements, refinancing could help you to reduce your loan or mortgage payments in the short-term \u2013 and save in the long-term. Platforms like\u00a0<a href=\"https:\/\/www.lendingtree.com\/home\/refinance\/\">Lending Tree<\/a>\u00a0can help you to shop for the lowest refinance rates and help to boost your chances of a refinance approval.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-09ece44 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"09ece44\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-63a8b30 elementor-column elementor-col-100 elementor-top-column\" data-id=\"63a8b30\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-292ad22 elementor-widget elementor-widget-heading\" data-id=\"292ad22\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><div class=\"elementor-widget-container\"><h2 class=\"elementor-heading-title elementor-size-default\">Beware scammers<\/h2><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-f6e066a elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"f6e066a\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-b5cb6d4 elementor-column elementor-col-100 elementor-top-column\" data-id=\"b5cb6d4\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-a7fbb1b elementor-widget elementor-widget-text-editor\" data-id=\"a7fbb1b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><p>Hackers are using the hysteria and isolation during coronavirus to prey on people\u2019s finances. Be wary of anyone offering a \u201csafe\u201d or \u201cguaranteed\u201d investment online, or pretending to be the Social Security Administration or the FDIC. Remember that\u00a0<a href=\"https:\/\/www.simplywise.com\/blog\/common-social-security-scams\/\" target=\"_blank\" rel=\"noopener\">these government agencies will never ask you for personal information like your Social Security number<\/a>\u00a0or your bank account information over the phone or by unsolicited mail.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-7908f24 elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"7908f24\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-05e6be4 elementor-column elementor-col-100 elementor-top-column\" data-id=\"05e6be4\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-42b4b0b elementor-widget elementor-widget-heading\" data-id=\"42b4b0b\" data-element_type=\"widget\" data-widget_type=\"heading.default\"><div class=\"elementor-widget-container\"><h2 class=\"elementor-heading-title elementor-size-default\">Takeaways<\/h2><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"elementor-element elementor-element-96c66dd elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-section elementor-top-section\" data-id=\"96c66dd\" data-element_type=\"section\"><div class=\"elementor-container elementor-column-gap-default\"><div class=\"elementor-row\"><div class=\"elementor-element elementor-element-e9fc8e9 elementor-column elementor-col-100 elementor-top-column\" data-id=\"e9fc8e9\" data-element_type=\"column\"><div class=\"elementor-column-wrap  elementor-element-populated\"><div class=\"elementor-widget-wrap\"><div class=\"elementor-element elementor-element-4cf40bf elementor-widget elementor-widget-text-editor\" data-id=\"4cf40bf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-text-editor elementor-clearfix\"><p>Given the uncertainty today, it\u2019s understandable to feel overwhelmed or have trouble thinking clearly about your investments. That\u2019s why more than ever, it\u2019s important to\u00a0<a href=\"https:\/\/www.simplywise.com\/blog\/coronavirus-cabin-fever\/\">stay positive and take care of yourself<\/a>.\u00a0Frame this time at home as a moment to\u00a0<a href=\"https:\/\/www.simplywise.com\/blog\/social-security-retirement-benefits\/\">educate yourself about Social Security benefits<\/a>\u00a0and retirement options, and plan for your future, so that you can get your life back on track.\u00a0<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f79ac3e elementor-widget elementor-widget-template\" data-id=\"f79ac3e\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"196\" class=\"elementor elementor-196\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-339b45e0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"339b45e0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3f771e94\" data-id=\"3f771e94\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44435407 elementor-cta--skin-classic elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"44435407\" data-element_type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<a class=\"elementor-cta\" href=\"https:\/\/simplywise.app.link\/Iv0wVANrvfb\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-content-item elementor-cta__content-item elementor-icon-wrapper elementor-cta__icon elementor-view-default\">\n\t\t\t\t\t\t<div class=\"elementor-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-lightbulb\"><\/i>\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<h2 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item\">DID YOU KNOW?<\/h2>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item\">\n\t\t\t\t\t\tRetirement is 99% easier when your paperwork is organized. \n\nJoin 250,000+ Americans securely storing their important receipts, bills &amp; documents with the SimplyWise app.\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item \">\n\t\t\t\t\t<span class=\"elementor-cta__button elementor-button elementor-size-md\">\n\t\t\t\t\t\tGet the App\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Navigating retirement planning and&nbsp;Social Security rules&nbsp;can be challenging in the best of times. Trying to think about your 401(k) and your benefits during coronavirus can be downright overwhelming. But you are not alone. A recent poll found that despite the ongoing pandemic,&nbsp;Americans are more concerned about their finances than their health right now.&nbsp; The coronavirus [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1104,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Stay Smart with Retirement Savings During Coronavirus - SimplyWise Cost Estimator<\/title>\n<meta name=\"description\" content=\"As the stimulus bill is being debated, and the timing of checks unknown, there are ways to regain control and stay smart with your retirement savings...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simplywise.com\/blog\/stay-smart-with-retirement-savings-during-coronavirus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Stay Smart with Retirement Savings During Coronavirus - SimplyWise Cost Estimator\" \/>\n<meta property=\"og:description\" content=\"As the stimulus bill is being debated, and the timing of checks unknown, there are ways to regain control and stay smart with your retirement savings...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.simplywise.com\/blog\/stay-smart-with-retirement-savings-during-coronavirus\/\" \/>\n<meta property=\"og:site_name\" content=\"SimplyWise Cost Estimator\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-26T02:13:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-22T21:45:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.simplywise.com\/blog\/wp-content\/uploads\/2023\/06\/smart-retirement-savings.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Allie Fleder\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Allie Fleder\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.simplywise.com\/blog\/stay-smart-with-retirement-savings-during-coronavirus\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.simplywise.com\/blog\/stay-smart-with-retirement-savings-during-coronavirus\/\"},\"author\":{\"name\":\"Allie Fleder\",\"@id\":\"https:\/\/www.simplywise.com\/blog\/#\/schema\/person\/e1e876d7736d540f0047b6adc84e2ba1\"},\"headline\":\"How to Stay Smart with Retirement Savings During Coronavirus\",\"datePublished\":\"2020-03-26T02:13:00+00:00\",\"dateModified\":\"2023-06-22T21:45:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.simplywise.com\/blog\/stay-smart-with-retirement-savings-during-coronavirus\/\"},\"wordCount\":644,\"publisher\":{\"@id\":\"https:\/\/www.simplywise.com\/blog\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.simplywise.com\/blog\/stay-smart-with-retirement-savings-during-coronavirus\/\",\"url\":\"https:\/\/www.simplywise.com\/blog\/stay-smart-with-retirement-savings-during-coronavirus\/\",\"name\":\"How to Stay Smart with Retirement Savings During Coronavirus - 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