Those nearing retirement amid the pandemic may have to give their financial plans a hard look. How has covid-19 impacted those who are nearing retirement? Those nearing retirement may have to rework their retirement plan and may even have to bring about a radical change in their investment portfolio. Mental engagement in an activity serving your passion would ensure your mental well-being, besides financial well-being. Avoid taking money out of the provident fund or resorting to loans as they will hurt your retirement savings.

Source: Mint May 12, 2021 09:22 UTC