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During a recession, if your 401(k) fund takes a hit, your Social Security payments and CD interest income remain steady. ... Where do you put retirement money in a recession?
3. Use an annuity the right way. Annuities have gotten a bad rap over the years, but if used correctly, they can provide both safety and reliability during uncertain times in retirement.
5 Things You Must Do When Your Retirement Savings Reaches $100,000 ... Things You Can Do To Live Better and Save Money. ... 6 Other Money Experts on the Most Important Things To Do During a Recession.
If you retire during a bear market, the scenario could be quite different. Suppose your annual returns for the first five years were -25%, -14%, -10%, +16% and +21%.
There are steps you can take to recession-proof your retirement so that you can still enjoy your golden years despite a downswing in the market. 23 Biggest Ways To Recession-Proof Your Retirement ...
Delaying Social Security, Colvert said, is a small step that can potentially hedge off some inflation and help your retirement savings go a little further in the event of a recession. Watch Rates ...
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