3 Ways to Recession Proof Your Retirement

3 Ways to Recession Proof Your Retirement

by Adam McFadden  April 13, 2023

Stay the course. Don’t overreact. Think long-term.

Following this advice during times of economic uncertainty can do wonders for your retirement plan. But don’t mistake it as an invitation to sit back and do nothing!  There are moves you can make now while things are volatile that can pay off significantly down the road.

Let’s look at a few:

Have A Financial Pro Look Over Your Plan

You know those genius billionaires? They have financial advisors.

It's almost always a good idea to go over your long-term financial plan with an expert from time to time and you might be surprised by how much you can benefit from just one meeting.

Even if you previously developed a plan with the help of a professional, you may find that your plan needs adjusting, especially in an environment where economic factors are changing.

Choosing a financial advisor is easier than you may think. WiserAdvisor is a website that matches you to the best financial advisor for your situation. There's no cost to use WiserAdvisor, and you aren't obligated to hire an advisor.

Protect Your Portfolio With Precious Metals

To continue reading, please go to the original article here:

https://www.gobankingrates.com/easy-things-you-can-do-to-start-preparing-for-retirement-now-1165700/?utm_term=incontent_link_5&utm_campaign=1227440&utm_source=yahoo.com&utm_content=8&utm_medium=rss

Previous
Previous

Thursday Morning Iraq Economic News Highlights 5-25-23

Next
Next

Judy, MilitiaMan and more.....Thursday Morning 5-25-2023