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We can’t control the impact Covid-19 has had on our savings, so maybe it’s time to come up with a plan and move forward. Yahoo finance shows us that the stock market is down 20% to 30% from the beginning of the year. The bond market is flat or down and not offsetting the stock market losses. The yield on the 10-year Treasuries has been below 1% for weeks. If we apply all of this to a typical IRA or other retirement account, most likely the losses are more than 15%. This means that whatever percentage you were planning on withdrawing in your retirement either has to decrease, or what you end up with is less. Either way we need to talk. It’s time to come up with a plan on plugging that hole. Call us, we have some ideas.