be guided by your age or time horizon for each invested rupee for younger investors who would not need the money for at least 810 years are indeed better off doing nothing at least to the extent that you remain calm throughout there is no need to panic and no need to exit from the same q how should families plan the next one year from a financial point of view a your top financial priority should be ensuring that you have a sizeable emergency fund aim to put away three to six months worth of expenses in a savings account this becomes doubly important because you may lose your job because of the economic slowdown avoid expecting a salary hike and avoid switching jobs families should put in place provisions for basic necessities like food emi rent provisions and premiums for insurance both life and health and childrens education other expenses can wait lic has given extension for payment of premiums it can be delayed by 30 days without any loss of benefits make the most of such concessions health insurance premiums can also be paid in instalments when you renew your policy these facilities will help you to plan for the next one yearq the government has allowed withdrawal of some amount of pf under the special covid19 clause is the move beneficiala the government is allowing part withdrawal of up to 75 per cent of the epf balance or three months of basic salary whichever is lower as far as possible withdrawal from pf should not be made as this is a provision for old age it also gives you tax free returns and you cannot to put the money back into the pf people should not opt for withdrawal if it does not have the above mentioned purposes if there are pressing demands to meet expenses like food and medical then the minimum amount should be withdrawn