How to protect your retirement savings in recession?
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According to Elon Musk, recession is looming over the U.S. What if the Tesla owner is right? How will you meet your retirement goals during a recession? How will you beat the economic downturn, which may bring layoffs and business failures? Definitely, you need to be wise enough to begin reviewing your budget, from cutting down on luxuries to increasing your emergency fund. If you are retiring soon and wondering if you could start a business of your own, then hold on. According to Sam Rad, Los Angeles financial advisor, recession is not a good time to experiment with your hard earned money.
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Ronald Davis
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