The term “novel coronavirus” is so new, some people have wondered whether it is related to Corona beer - it is not; it’s named after its crown-shaped particles. Regardless of the name, news of the virus has quickly grabbed global headlines. As the viral news has spread, so too has financial uncertainty. What’s going to happen next? Will it infect our economy? So far, the U.S. financial markets have remained relatively immune. But should you try to dodge markets that have been exposed?

At the tail end of last year, a bipartisan measure known as the SECURE Act (or Setting Every Community Up for Retirement), was signed into law by President Donald Trump to help address the nation’s retirement savings crisis. Here’s a closer look at some of the most important elements of the SECURE Act, those most likely to directly impact your retirement savings efforts.

“I actually feel very good about where the financial industry has headed over the last several years. The financial planning field has significantly shaped the industry for the better with continual strides forward,” said Eric Braund CFP®, CRPC®, president of Black Walnut Wealth Management.

“Trust is number one when it comes to privacy,” said Eric Braund, founder and chief financial officer of Black Walnut Wealth Management in Traverse City. “Clients want to make sure you’re going to take care of them and not talk about their finances somewhere else.”

While it doesn't replace good money management, minimalism can be a step toward improving your finances.

10 Best Things to Keep in Your Safe Deposit Box.