Because of the COVID-19 pandemic, Americans say they reevaluated their financial management practices, which included their retirement plans. In a Schwab study, 1,000 Americans between the ages of 25 and 70 were asked how they expected their spending, saving, and financial situations to change as a result of the COVID-19 pandemic. Approximately half of those who responded to the study (48 percent) said they wanted to save more money overall. Most people today do not grow up with a piggy bank, and they don’t know how the savings game is played. So when investing, a person today feels like they …