Brian O'Leary | Source | Wealth Advisor, Senior Analyst at ALINE Wealth

Part of having a plan is understanding things do inevitably go wrong. It’s not a plan if you don’t have buffers built into it already. Step one is understanding where you are and how you survived this pandemic, reviewing what tools you leaned on. People experienced the pandemic in very different ways. Many had severe income disruptions while some benefited financially throughout the course of the pandemic and didn’t have that disruption. For those that didn’t experience a disruption, if they could simulate what it would have been like if they actually did, that will go a long way for testing your preparedness for the next time there is a disruption to the markets.