Recession

Showing 12 results of 12

Public Employment Still Hasn’t Caught Up From The Great Recession

Mar 26 2024

The labor market has been booming for years, but the speedy recovery from the depth of the pandemic-induced recession has been uneven....

forbes.com

A Silent Recession: Why You Might Feel Bad Despite A Good Economy

Mar 15 2024

If you've been feeling down despite the apparent strength of the economy, I can relate. Despite stocks and real estate reaching near all-time highs, there seems to be a growing silent recession among ...

financialsamurai.com

Half of Investors Say 2024 Election will Impact Retirement Portfolios

Nov 02 2023

Additionally, close to one-third believe the economy will drop to a recession if their…...

401kspecialistmag.com

A Recession Preparation Checklist To Survive Bad Times

Oct 04 2023

Are you ready for another recession? With interest rates surging, oil prices rices, stock markets falling, the government stalling, and the housing market grinding to a halt, it seems inevitable anoth...

financialsamurai.com

COVID’s Toll on Minorities with Disabilities

Mar 21 2023

It’s been well documented that the COVID recession and layoffs in 2020 were particularly hard on Black, Hispanic, and Latino Americans. But if they had a disabling physical and medical condition...

squaredawayblog.bc.edu

The Fed Is Poised To Hike Interest Rates Again - Is It Enough To Keep Away A Recession?

Feb 02 2023

The Fed now faces a delicate line between inflation and recession - and assessing the impact of its massive interest rate staircase from 2022....

forbes.com

Five Ways to Diversify Your Portfolio During a Recession

Jan 31 2023

Investing successfully during a recession is tough. However, you can protect and grow your portfolio with various diversification strategies....

kiplinger.com

Retiring during recession

Jan 22 2023

I’m planning on retiring this year at 65. Besides inflation, what else should I be concerned with about retiring during a recession? submitted by /u/Tb182kaci[visit reddit] [comments]...

reddit.com

2023 Investment Outlook’s Big Question Focuses on Recession

Jan 20 2023

Fundamentals, earnings and diversification are key after a year that left us feeling like we have a bit of a hangover....

kiplinger.com

Great Depression Holds Lesson for Our Time

Jan 17 2023

Photograph by Lewis Hines, West Virginia 1937. The Great Depression, sparked by a devastating collapse in stocks followed by 25 percent unemployment, remains the deepest recession in U.S. history. A n...

squaredawayblog.bc.edu

5 Smart Money Moves for 2023!

Jan 08 2023

Between stubborn inflation, a falling stock market, and a looming recession… There’s no shortage of headwinds to grow your nest egg in the New Year! Learn five specific ways you could pro...

bossretirement.com

About Recession

A recession is a period of economic downturn, typically characterized by a fall in gross domestic product (GDP), high unemployment, and a decrease in business activity. A recession can have significant impacts on retirement planning and financial security.

During a recession, stock markets may decline, leading to losses in retirement accounts that are invested in stocks. In addition, unemployment may rise, leading to a reduction in income for some people and making it more difficult to save for retirement.

If you are nearing retirement or already retired, a recession can also impact your retirement income if you are relying on investments or other sources of income that are affected by market downturns. It's important to diversify your retirement savings and to have a plan in place for managing your retirement income during times of economic uncertainty.

If you are still working and saving for retirement during a recession, it may be a good time to review your retirement plan and consider ways to adjust your savings and investment strategy to weather the economic downturn. It may also be a good time to focus on reducing debt and building up emergency savings to help you weather any financial setbacks.