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Coronavirus pandemic forces retirement savings to take backseat, study shows

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Creating an emergency fund and finding additional sources of income are key. As the coronavirus pandemic continues to send shockwaves through the U.S.

financial world, a new study shows Americans are concentrating less on their retirement savings as other priorities take precedence.

About half of Americans said they do not have time to address investments or retirement savings due to increased responsibilities in other areas of their lives, a new survey from Fidelity Investments found.

Many are likely more immediately concerned with their primary source of income. About 33 million Americans have filed jobless claims since mid-March.

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