The startling and swift collapse of Silicon Valley Bank, along with crypto-friendly Silvergate Capital and Signature Bank, shocked industries and investors on a national and global scale.

Even as the U.S. Treasury steps in to suppress economic turmoil, its unknown what lies ahead with the U.S. banking system or whether we’ll see additional bank failures in the short-term. In its aftermath, the bank runs and subsequent crashes, along with lingering talks of a recession, touch on the significance behind adequate financial and retirement planning, experts say.

“When we unpack what happened with Silicon Valley Bank, there’s a lot of the commonalities and the same types of risk that face retirement plan investors or individual investors,” said Eric Krause, managing director and portfolio manager at Prime Capital Investment Advisors, and who works closely with the retirement plan practice arm of Qualified Plan Advisors. For the full story check it out here.