Coronavirus economics: Should you tap your 401(k) right now?

Coronavirus economics: Should you tap your 401(k) right now?


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The COVID-19 pandemic has created tremendous economic uncertainty. In this web exclusive CBS News business analyst Jill Schlesinger talks with Michael Goodman, president of the investment management firm Wealthstream Advisors, about how people should strategize when considering dipping into their retirement savings.

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Almost 18 million people have been reported to be infected by the novel coronavirus globally, and 685,000 have now died. Nearly 300,000 people were reported infected in the past 24 hours and 6400 dead. Here are the latest developments from around the world. Europe Ireland Ireland's chief medical officer on Saturday described a recent spike…

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