What Exactly Does That Mean?

There has been a lot of talk recently about a recession: whether or not one will come, what it would mean, and how it would affect each of us. A recession is defined by the National Bureau of Economic Research as “a significant decline in economic activity that is spread across the economy and that lasts more than a few months.”  Usually, this means that the markets decline, businesses tighten up, and employment and wages can be negatively impacted. Call us if you would like to discuss how this might affect your retirement savings. We can speak to you one-on-one about what we believe is the best course of action to deal with a recession. 

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