Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here of Ready for Retirement. I'm your host,

James Cannell, and we are now well into 2020. And the COVID-19 pandemic, it hit hard earlier

this year, and it continues to remain prevalent as we get closer to the end of the year. Now, as we're looking at this, it's clear that COVID-19 pandemic, it's clear earlier this year, and it continues to remain prevalent as we get closer

to the end of the year. Now, as we're looking at this, it's clear that COVID-19 isn't just

impacting people from a health perspective. It's impacted jobs. It's impacted the economy. It's

impacted the stock market. It's impacted plans that you have for your life. And so whether you've

just recently retired or whether retirement's coming up

in the next few years, it's likely that in one way or the other, the coronavirus has brought

some financial uncertainty in regards to your preparedness or your readiness for retirement.

So what we're going to talk about in today's episode is five mistakes that I want to make sure

that you're avoiding in the midst of coronavirus

and the implications that it has even in the financial side of our lives. I've seen too many

people make these mistakes for the past several months. And what we want to make sure of is that

you know what these mistakes are ahead of time so that you're not tempted to make the same mistake

going forward. So with that being said,

let's jump right in to talk about the five big retirement mistakes I see people make in the midst

of the coronavirus pandemic. Mistake number one is people are neglecting their emergency fund.

And maybe they weren't neglecting it, but maybe they just weren't prepared with an emergency

fund in the first place. Now, the uncertainty that's been caused by this and people losing jobs or people's income being

cut, it's really in the midst of all this uncertainty that people are really realizing the need

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