While none of us can predict a recession, it pays to take credible rumors of such to heart, especially if retirement is in your near future. Recession-proofing your retirement plan is a good idea, because recessions are a natural part of the economic cycle. And, with recession chatter becoming louder, taking a recession outlook at your retirement plans is likely something you may want to do even if you don’t fall in the near-retirement category. One element of the retirement advisor-client dynamic that’s especially crucial if a recession is in the offing is being realistic about risk. Having such insights serves you well and helps them serve you better, especially if a recession is stalking your retirement.

Source: Forbes November 19, 2019 12:56 UTC