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Retirement Weekly: How to protect your retirement from a recession

This post was originally published on this site

With slowing global growth, trade wars, and inverted yield curves, it seems everywhere you look someone is talking about a recession. Will we have one? When? Will it be mild or severe?

The only question anyone can accurately answer is the first one. Yes, we will have a recession. Recessions are part of normal economic cycles. When? No one knows for sure. Mild or severe? No one knows for sure.

But most financial professionals want to sound like they know. They study data and post charts and graphs to illustrate their view on why there will or won’t be a recession and how severe it will or won’t be. What does that data do for the average retiree? Not much.

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