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NH Business Review
Experts: What we learned, what’s to come and how to prepare for the future
April 8, 2021
The way we manage our banking and finances has changed. We reached out to financial experts to discover what we learned about financial planning during a crisis, what to expect in the coming year, and how to protect our investments as business begins to return to normal.
Our panel:
Dave Lynch and Susan Martore-Baker, Cambridge Trust. cambridgetrust.com
Nichole D. Raftopoulos, president and founder, Nvest Financial Group. nvestfinancial.com
What has the pandemic taught us about financial planning for emergencies?
Levy: “Discussing saving for an adequate emergency fund is like taking a pacifier away from a baby for the first time: a needed action but still not very pleasant. Some financial surveys estimate that pre-pandemic, 60-70% of Americans age 65 or older had less than $400 in savings. It is no surprise that a significant number of people have had to have lo